Shahnawaz Akhter

The Punjab Revenue Authority (PRA) has expanded the reach of its single sales tax return (SSTR) system to two additional sectors: the oil and gas sector and the microfinance banking sector.

The Federal Board of Revenue (FBR) has introduced a mandatory policy requiring taxpayers to frequently change their passwords on the online tax portal, IRIS, as part of enhanced security measures.

The SRB has issued a directive advising Exploration and Production (E&P) companies in the oil and gas sector and Microfinance Banks (MFBs) to

Karachi, December 24, 2024 – The KSE-100 index of the Pakistan Stock Exchange (PSX) faced a sharp decline on Tuesday, shedding 1,509 points amid heightened year-end volatility and cautious investor sentiment. The KSE-100 closed at 112,415 points, down from the previous day's closing of 113,924 points, reflecting a 1.33% drop.

Karachi, December 24, 2024 – Tax bars across Pakistan have strongly criticized the recently introduced password expiry policy by the Federal Board of Revenue (FBR), urging its immediate revocation.

Karachi, December 25, 2024 – The Federal Board of Revenue (FBR) has recorded an impressive 135% increase in the collection of capital gains tax (CGT) during the first five months of the fiscal year 2024-25 (5MFY25).

Karachi, December 25, 2024 – The Federal Board of Revenue (FBR) has taken an unprecedented step by deciding to keep its collection windows open on the last Saturday and Sunday of December 2024.

Karachi, December 26, 2024 – The Federal Board of Revenue (FBR) has issued a detailed explanation regarding the joint and several liability of

Karachi, December 26, 2024 – The Federal Board of Revenue (FBR) has authorized refunds of input tax under Section 10 of the Sales Tax Act, 1990, bringing

Karachi, December 26, 2024 – Oil and Gas Development Company Limited (OGDCL) announced on Thursday the successful revival and significant enhancement