Legal Bulletin

The Importation of Frameworks: How the Sales Tax Act is Shaping the Federal Excise Act Finance Act 2026: Navigating the Future of Faceless Tax Provisions in Pakistan Surviving an AI-Driven Tax Audit: A Proactive Guide for Businesses in Pakistan (Tax Year 2026)The Privacy Paradox: Navigating Data Scrutiny in Pakistan's New Digital Tax Ecosystem Faceless Audit & Assessment (s.122E & s.11H): How Big Data is Triggering Automated Audits in Pakistan Customs Act s.179(6): The Rise of Virtual Adjudication at the Borders Faceless Appeals (s.45C & s.129A): The End of Face-to-Face Tax Litigation in Pakistan?Algorithmic Settlement (s.134B & s.47AA): Can AI Fairly Resolve Tax Disputes in Pakistan?

News Update

News & Updates

Stay informed about the latest developments in corporate law, tax regulations, and legal compliance in Pakistan

News Update

Mar 2025

Mar 19, 2025 • 5 min read

SECP Seeks Feedback on Policy Framework for Issuance of Ordinary Shares with Varied Rights and Privileges by Companies

The Securities and Exchange Commission of Pakistan (SECP) has issued a consultation paper eliciting public input on a pr...

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News Update

Mar 2025

Mar 19, 2025 • 5 min read

BankIslami Unveils “aik”: Pakistan’s First Fully Digital Islamic Banking Solution

In a significant move toward the future of Islamic finance, BankIslami has launched ‘aik’, Pakistan’s first fully digita...

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News Update

Mar 2025

Mar 19, 2025 • 5 min read

PSX Records Highest-Ever Closing Just Shy of 118,000 Mark

The 100-Index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Wednesday gaining 973 points, a posit...

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News Update

Mar 2025

Mar 19, 2025 • 5 min read

Govt May Block Certain VPNs After PTA Completes Registration

The Pakistan Telecommunication Authority (PTA) has received applications from two additional companies seeking registrat...

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News Update

Mar 2025

Mar 19, 2025 • 5 min read

Almost Rs. 19 Billion TV Fee Collected Through Electricity Bills in Last 2 Years

In a startling revelation, it has been disclosed that electricity consumers across the country were charged Rs. 18.86 bi...

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News Update

Mar 2025

Mar 19, 2025 • 5 min read

Govt Officially Issues Rules For Digital Prize Bonds

The Finance Division notified the new rules for digital prize bonds on Tuesday, aiming to promote better economic docume...

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News Update

Mar 2025

Mar 19, 2025 • 5 min read

Gold Sets Another Record as Price Nears Rs. 320,000 Per Tola

The surge in gold prices continued across both local and international markets, with the price per tola reaching Rs. 319...

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News Update

Mar 2025

Mar 19, 2025 • 5 min read

Pakistan’s Inflation Rate for March Likely to Fall Below 1%

Pakistan’s Inflation for March 2025 is projected to fall below 1%, marking the lowest monthly reading in three decades,...

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News Update

Mar 2025

Mar 19, 2025 • 5 min read

SECP Intends to Introduce Alternate Dispute Resolution Mechanism for Islamic Finance Contracts

Under strategic action plan 2024-26 to develop Islamic finance in the non-bank financial sector, the SECP intends to int...

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News Update

Mar 2025

Mar 19, 2025 • 5 min read

Dar Fixes Sugar Price at Rs. 164, Warns of Action Against Artificial Shortage

Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar on Wednesday said that sale of sugar at price of Rs. 178-1...

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News Update

Mar 2025

Mar 19, 2025 • 5 min read

PM Likely to Announce Rs. 8 Per Unit Power Tariff Cut on March 23

Prime Minister Shehbaz Sharif is set to reduce power tariffs by Rs. 8 per unit, on March 23, following approval from the...

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News Update

Mar 2025

Mar 19, 2025 • 5 min read

Rupee Posts Gains Against US Dollar, Euro

The Pakistani Rupee (PKR) on Wednesday appreciated by 06 paisa against the US Dollar (USD) in the interbank trading and...

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News Update

Mar 2025

Mar 19, 2025 • 5 min read

PAC Orders Retrieval of all Toshakhana Records from 1947

In a meeting chaired by chairman Junaid Akbar Khan, the Public Accounts Committee (PAC) of Parliament scrutinized the il...

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News Update

Mar 2025

Mar 19, 2025 • 5 min read

PBF Suggests Rationalizing Tax Rates in Budget Proposals

Pakistan Business Forum (PBF) Wednesday submitted budget proposals for 2025-26 to the Ministry of Finance suggesting exp...

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News Update

Mar 2025

Mar 19, 2025 • 5 min read

Banks’ Financing to Private Sector Jumps by 263%

Financing from commercial banks to the private sector has surged by over 250% so far in the current financial year, prim...

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News Update

Mar 2025

Mar 19, 2025 • 5 min read

World Bank Approves $102 Million Financing for Pakistan’s Financial Inclusion Efforts

The World Bank’s Board of Directors approved $102 million in financing for the Resilient and Accessible Microfinance (RA...

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News Update

Mar 2025

Mar 18, 2025 • 5 min read

CCP Monitoring Ongoing Sugar Crisis, Warns of Action

The Competition Commission of Pakistan (CCP) on Tuesday stated that it is closely monitoring the ongoing sugar crisis an...

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News Update

Mar 2025

Mar 18, 2025 • 5 min read

British Newspaper Apologizes to Pakistani-American Tech Entrepreneur Over Sexual Misconduct Claims

One of Britain’s most prominent newspapers, The Telegraph, has formally apologized to Pakistani-American technology entr...

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News Update

Mar 2025

Mar 18, 2025 • 5 min read

Bulls Maintain Hold as PSX Gains 801 Points

The 100-Index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Tuesday, gaining 801.50 points, a pos...

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News Update

Mar 2025

Mar 18, 2025 • 5 min read

Pakistan’s IT Exports Grow for 17 Consecutive Months

Pakistan’s information technology (IT) exports reached a record $305 million in February 2025, marking a 19% increase co...

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News Update

Mar 2025

Mar 18, 2025 • 5 min read

Govt Urged to Reduce Electricity Rates or Risk Lower Exports

Federation of Pakistan Chamber of Commerce and Industry (FPCCI) President Atif Ikram Shaikh along with Patron Chief UBGS...

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News & Updates

SECP Seeks Feedback on Policy Framework for Issuance of Ordinary Shares with Varied Rights and Privileges by Companies

BankIslami Unveils “aik”: Pakistan’s First Fully Digital Islamic Banking Solution

PSX Records Highest-Ever Closing Just Shy of 118,000 Mark

Govt May Block Certain VPNs After PTA Completes Registration

Almost Rs. 19 Billion TV Fee Collected Through Electricity Bills in Last 2 Years

Govt Officially Issues Rules For Digital Prize Bonds

Gold Sets Another Record as Price Nears Rs. 320,000 Per Tola

Pakistan’s Inflation Rate for March Likely to Fall Below 1%

SECP Intends to Introduce Alternate Dispute Resolution Mechanism for Islamic Finance Contracts

Dar Fixes Sugar Price at Rs. 164, Warns of Action Against Artificial Shortage

PM Likely to Announce Rs. 8 Per Unit Power Tariff Cut on March 23

Rupee Posts Gains Against US Dollar, Euro

PAC Orders Retrieval of all Toshakhana Records from 1947

PBF Suggests Rationalizing Tax Rates in Budget Proposals

Banks’ Financing to Private Sector Jumps by 263%

World Bank Approves $102 Million Financing for Pakistan’s Financial Inclusion Efforts

CCP Monitoring Ongoing Sugar Crisis, Warns of Action

British Newspaper Apologizes to Pakistani-American Tech Entrepreneur Over Sexual Misconduct Claims

Bulls Maintain Hold as PSX Gains 801 Points

Pakistan’s IT Exports Grow for 17 Consecutive Months

Govt Urged to Reduce Electricity Rates or Risk Lower Exports

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