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FBR Sets 7-Day Deadline for Builder Tax Exemptions

21-Apr-2026
The Federal Board of Revenue (FBR) has introduced a strict procedural timeline by mandating Commissioners Inland Revenue to issue withholding tax exemption certificates to eligible builders and develo...
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FBR Sets 7-Day Deadline for Builder Tax Exemptions

LHC Allows SNGPL Rs11.2B Tax Deduction Claim

21-Apr-2026
The Lahore High Court has adjudicated in favour of Sui Northern Gas Pipelines Limited (SNGPL), holding that the Cost Equalisation Adjustment (CEA) constitutes an allowable business deduction. The ruli...
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LHC Allows SNGPL Rs11.2B Tax Deduction Claim

SECP Disburses Rs1.19 Billion in Salaries and Benefits

20-Apr-2026
The Securities and Exchange Commission of Pakistan (SECP) has disbursed a cumulative amount of PKR 1.191 billion to its chairman, commissioners, senior management, and staff over a retrospective perio...
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SECP Disburses Rs1.19 Billion in Salaries and Benefits

OICCI Proposes Major Tax Reforms for Budget 2026-27

20-Apr-2026
The Overseas Investors Chamber of Commerce and Industry (OICCI) has formally submitted a comprehensive set of fiscal reform proposals in connection with the Federal Budget 2026–27, advocating for a ...
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OICCI Proposes Major Tax Reforms for Budget 2026-27

ATIR Grants Relief in IT Export Tax Case

20-Apr-2026
The Appellate Tribunal Inland Revenue (ATIR) has provided relief to a software exporter by remanding a matter concerning PKR 51.2 million in foreign remittances to the assessing officer for fresh adju...
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ATIR Grants Relief in IT Export Tax Case

Karachi Port Operations Continue Despite Strait of Hormuz Tensions

20-Apr-2026
Maritime trade operations in Pakistan have continued without disruption despite prevailing geopolitical tensions in the Strait of Hormuz, with oil tankers maintaining scheduled arrivals and discharge ...
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Karachi Port Operations Continue Despite Strait of Hormuz Tensions

FBR Suspends Six Officers in Silver Swap Case

20-Apr-2026
The Federal Board of Revenue (FBR) has initiated disciplinary proceedings against six customs officials, including senior-ranking officers, following the emergence of substantive findings in the ongoi...
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FBR Suspends Six Officers in Silver Swap Case

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