Amendment to Income Tax Ordinance establishes centralized banking data repository for algorithm-based tax compliance checks
(more…)Author: Hamza Shahnawaz
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Finance Act, 2026 empowers FBR with direct access to high-value bank account data
Banks and electronic money institutions must report transactions exceeding Rs100 million every six months under new digital compliance regime
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FBR notifies new additional customs duty rates for FY2026-27 imports
SRO 1063(I)/2026 introduces revised additional customs duty structure effective from July 1, 2026
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FBR notifies procedure for collection of special excise duty on imported goods
New mechanism takes effect from July 1, 2026 under SRO 1072(I)/2026
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MTO Karachi posts record Rs42.21bn tax collection in June 2026
FBR’s Medium Taxpayers Office records 29% growth in monthly revenue driven by stronger tax enforcement
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Taylor Swift and Travis Kelce Wedding NDAs Lack Financial Penalties, Report Says
New report claims guests are barred from sharing wedding details but face no monetary fines for violations.
The reported non-disclosure agreements (NDAs) issued for Taylor Swift and Travis Kelce’s upcoming wedding do not include financial penalties for guests who breach confidentiality, according to a new media report.
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Blake Lively Seeks $8 Million in Legal Fees From Justin Baldoni
Actress asks court to award legal costs after successfully defending against Baldoni’s dismissed defamation lawsuit.
Actress Blake Lively is seeking more than $8 million in attorneys’ fees and litigation costs from actor and filmmaker Justin Baldoni following a court ruling that allows her to recover expenses related to his dismissed defamation lawsuit.
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Finance Act 2026 Allows Installment Tax Payments on Imported Phones
Imported mobile phone users can now pay PTA registration taxes in installments instead of a lump sum
ISLAMABAD: The government has introduced a significant relief measure for individuals importing mobile phones by allowing taxes on imported devices to be paid in instalments from July 1, 2026, under the Finance Act 2026.
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Consumers paying price for power companies’ failures: Khurram Ijaz
Karachi, June 27, 2026: Pakistan’s electricity consumers are being forced to shoulder the cost of years of mismanagement, weak governance and stalled reforms in the power sector, according to Khurram Ijaz, Secretary General of the Businessmen Panel Progressive (BMPP) and former Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI).
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PSX Rebounds as KSE-100 Index Surges 1,887 Points
Falling crude oil prices fuel broad-based rally as benchmark regains 180,000 level
KARACHI: The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) rebounded strongly on Tuesday, rising 1,887 points as investors returned to the market amid declining international oil prices and improving sentiment towards Pakistan’s economic outlook.
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