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

Jan 2025

Jan 31, 2025 • 5 min read

Short-Term Inflation in Pakistan Rises 0.44%

The Sensitive Price Index (SPI) based inflation for the week ended January 30, 2024, increased by 0.44 percent on a year...

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News Update

Jan 2025

Jan 31, 2025 • 5 min read

FBR Misses Tax Collection Target for January, 7-Month Shortfall Crosses Rs. 450 Billion

The total tax collection of the Federal Board of Revenue (FBR) stood at Rs. 872 billion during January 2025 against the...

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News Update

Jan 2025

Jan 31, 2025 • 5 min read

PSX Closes Over 1,000 Higher to End Week

The 100-Index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Friday, gaining 1,049.33 more points,...

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News Update

Jan 2025

Jan 31, 2025 • 5 min read

Govt Under Pressure to Allow Property Purchases of Up to Rs. 25 Million

The Federal Board of Revenue (FBR) is considering allowing property purchases of up to Rs. 10 million without requiring...

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News Update

Jan 2025

Jan 31, 2025 • 5 min read

CCP, SECP Hold Joint Meeting to Strengthen Regulatory Cooperation

The Competition Commission of Pakistan (CCP) and the Securities and Exchange Commission of Pakistan (SECP) held a produc...

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News Update

Jan 2025

Jan 31, 2025 • 5 min read

Gold Rate in Pakistan Remains at Record High

The price of gold in Pakistan held firm on Friday at the all-time high mark achieved yesterday. The price of 24 karat p...

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News Update

Jan 2025

Jan 31, 2025 • 5 min read

IRS Officers Association Rejects Faisal Vawda’s Allegations Against FBR Officers

The Inland Revenue Service Officers Association (IRSOA) has strongly rejected Senator Faisal Vawda’s allegations that Fe...

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News Update

Jan 2025

Jan 30, 2025 • 5 min read

SECP Proposes Amendments to REIT Regulations

The Securities and Exchange Commission of Pakistan (SECP) has issued notification for public consultations on the propos...

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News Update

Jan 2025

Jan 30, 2025 • 5 min read

Govt to Simplify Tax Return Form for Salaried Class

Finance Minister Muhammad Aurangzeb Thursday informed the Senate Standing Committee on Finance and Revenue that efforts...

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News Update

Jan 2025

Jan 30, 2025 • 5 min read

FBR Likely to Miss Tax Collection Target for January

The Federal Board of Revenue (FBR) faces an uphill task to meet the revenue collection target for January 2025. Accordi...

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News Update

Jan 2025

Jan 30, 2025 • 5 min read

Loans to Agriculture Sector Surge to Rs. 1.26 Trillion in 1HFY25

The credit disbursement to the agriculture sector surged to Rs. 1.26 trillion by the end of the first half of the curren...

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News Update

Jan 2025

Jan 30, 2025 • 5 min read

Govt Likely to Impose Excise Duty on Sugar

The government is considering imposing a federal excise duty (FED) of Rs 3-4 per kilogram on sugar, sources told ProPaki...

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News Update

Jan 2025

Jan 30, 2025 • 5 min read

Rupee Suddenly Drops Near 279 Against US Dollar After Brief Respite

The Pakistani rupee (PKR) closed in red after a brief respite against the US Dollar (USD) today after opening trade at 2...

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News Update

Jan 2025

Jan 30, 2025 • 5 min read

PTA Urges International Travelers to Pay FBR Taxes for Mobile Registration

The Pakistan Telecommunication Authority (PTA) Thursday reminded international travelers bringing mobile devices into Pa...

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News Update

Jan 2025

Jan 30, 2025 • 5 min read

Bank Makramah Gets Court Approval for Recovery of Rs. 10 Billion Bad Loans

Bank Makramah Limited (PSX: BML) and OMNI Group have received court approval for their settlement application, the bank...

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News Update

Jan 2025

Jan 30, 2025 • 5 min read

Atlas Honda Bikes Profit Rises by Massive 75% in 9 Months

Atlas Honda Limited (PSX: ATLH) has announced Rs. 10.6 billion profit for the 9 months that ended December 31, 2024, dep...

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News Update

Jan 2025

Jan 30, 2025 • 5 min read

HBL, Led by President & CEO Muhammad Nassir Salim, Unveils Third Sustainability Report, Reinforcing Commitment to United Nation’s SDGs & ESG Principles

HBL, Pakistan’s leading bank, transparently reflects its enduring commitment to a better tomorrow through its third Impa...

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News Update

Jan 2025

Jan 30, 2025 • 5 min read

Rs. 23 Crore Cheque for National Police Foundation Plot Rejected

A Rs. 230 million cheque from a private company, deposited as the second installment for a 5,000-square-yard plot auctio...

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News Update

Jan 2025

Jan 30, 2025 • 5 min read

Security Papers Limited Achieves 7.5% Profit Growth for H1

Security Papers Limited (SPL) has announced its unaudited financial results for the half year ended December 31, 2024. T...

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News Update

Jan 2025

Jan 30, 2025 • 5 min read

Bank Alfalah Reports Rs. 38.3 Billion Profit for 2024

The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on January 30, 2025, approved the Bank’s fina...

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News Update

Jan 2025

Jan 30, 2025 • 5 min read

Gold Price Hits Record High With Rs. 300,000 Per Tola Milestone in Sight

The price of 24 karat per tola gold increased by Rs. 1,600 and was sold at Rs. 290,300 on Thursday against its sale at R...

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News & Updates

Short-Term Inflation in Pakistan Rises 0.44%

FBR Misses Tax Collection Target for January, 7-Month Shortfall Crosses Rs. 450 Billion

PSX Closes Over 1,000 Higher to End Week

Govt Under Pressure to Allow Property Purchases of Up to Rs. 25 Million

CCP, SECP Hold Joint Meeting to Strengthen Regulatory Cooperation

Gold Rate in Pakistan Remains at Record High

IRS Officers Association Rejects Faisal Vawda’s Allegations Against FBR Officers

SECP Proposes Amendments to REIT Regulations

Govt to Simplify Tax Return Form for Salaried Class

FBR Likely to Miss Tax Collection Target for January

Loans to Agriculture Sector Surge to Rs. 1.26 Trillion in 1HFY25

Govt Likely to Impose Excise Duty on Sugar

Rupee Suddenly Drops Near 279 Against US Dollar After Brief Respite

PTA Urges International Travelers to Pay FBR Taxes for Mobile Registration

Bank Makramah Gets Court Approval for Recovery of Rs. 10 Billion Bad Loans

Atlas Honda Bikes Profit Rises by Massive 75% in 9 Months

HBL, Led by President & CEO Muhammad Nassir Salim, Unveils Third Sustainability Report, Reinforcing Commitment to United Nation’s SDGs & ESG Principles

Rs. 23 Crore Cheque for National Police Foundation Plot Rejected

Security Papers Limited Achieves 7.5% Profit Growth for H1

Bank Alfalah Reports Rs. 38.3 Billion Profit for 2024

Gold Price Hits Record High With Rs. 300,000 Per Tola Milestone in Sight

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