FBR Directs Banks to Operate on Saturdays for Streamlined Tax Collection
The Federal Board of Revenue (FBR) has introduced a significant measure aimed at bolstering tax collection and ensuring seamless financial…
Author: Muhammad
Pakistan’s earned Rs3.38 Trillion Tax Revenue from Mobile Users and other
The Ministry of Finance recently disclosed to the National Assembly that over Rs3.38 trillion in taxes have been collected from…
Supreme Court of Pakistan Classifies Software Payments as Business Income
In a groundbreaking verdict, the Supreme Court of Pakistan has redefined the taxation treatment of software payments. Payments made for…
Google Pixel 8a PTA Tax in Pakistan: Complete Guide to Registration and Costs
The Google Pixel 8a PTA tax has become a significant topic of discussion among technology enthusiasts in Pakistan, especially as…
Complete Guide to PTA Temporary Mobile Registration for Overseas Pakistanis and Foreigners
The Pakistan Telecommunication Authority (PTA) has introduced a temporary mobile registration system, allowing overseas Pakistanis and foreigners to use their…
InvestPak: Transforming Government Securities Investment in Pakistan
The State Bank of Pakistan (SBP) is set to transform the financial landscape of Pakistan with its groundbreaking platform, InvestPak.…
Government Revises ADR Tax Formula to Strengthen Revenue Collection
The government of Pakistan is poised to revise its formula for taxing banks based on their advance-to-deposit ratio (ADR). This…
FBR Retracts Notification on Mobile Phone Restrictions for Travellers
The Federal Board of Revenue (FBR) has recently reversed its earlier notification proposing stringent amendments to the Customs Baggage Rules,…
Banks Disburse Rs2.2 Trillion to Meet ADR Target in FY25
During the first five months of FY25, banks disbursed a significant Rs2.2 trillion to the non-government sector, including the private…
Supreme Court of Pakistan’s Landmark Ruling on Pharmaceutical Sales Tax
The Supreme Court of Pakistan, in a historic judgment, ruled in favor of pharmaceutical companies, emphasizing the protection of vested…