Karachi, July 21, 2025 – Big changes are now live for Pakistan’s e-commerce sector under the Finance Act, 2025. According to renowned tax expert and High Court Advocate Muhammad Zeeshan Merchant, only tax registered sellers are eligible to make online supplies under the new legal framework.
(more…)Author: Shahnawaz Akhter
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SBP reports $2.22 billion in profit repatriation for FY25
Karachi, July 21, 2025 – The State Bank of Pakistan (SBP) has reported that the total repatriation of profit and dividends by foreign investors during the fiscal year 2024–25 reached $2.22 billion, reflecting a marginal increase compared to the previous year.
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FBR punishes customs officials in Samsung Galaxy A7 case
Karachi, July 21, 2025 – The Federal Board of Revenue (FBR) has penalized three customs officials from the Collectorate of Customs Airports, Karachi, for their role in the incorrect examination, assessment, and clearance of consignments containing “New Samsung Galaxy Tablets A7.”
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FBR issues fresh customs values for solar panels
Karachi, July 21, 2025 – The Federal Board of Revenue (FBR) has announced revised customs values for imported solar panels, taking into account the sharp decline in global market prices.
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FBR develops IT-based solution to track foreign assets
Karachi, July 21, 2025 – The Federal Board of Revenue (FBR) has taken a significant step forward in its efforts to combat offshore tax evasion by initiating the development of a sophisticated IT solution aimed at detecting foreign assets held by Pakistani nationals.
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Merchant Unlocks Sections 37A and 37B of Sales Tax Act
Renowned tax expert Muhammad Zeeshan Merchant, Advocate High Court and former president of Karachi Tax Bar Association (KTBA), demystified the highly talked-about Sections 37A and 37B of the Sales Tax Act, 1990, introduced through the Finance Act, 2025.
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FBR advises caution against fraud in tax return filing
Karachi, July 20, 2025 — As the tax season heats up, the Federal Board of Revenue (FBR) is sounding the alarm for taxpayers to file their income tax returns responsibly — and only through legally authorized professionals.
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Sindh issues new sales tax rules for food delivery agents
Karachi, July 19, 2025 — In a significant regulatory move, the Sindh Revenue Board (SRB) has issued fresh guidelines to enhance tax collection from the growing food delivery sector.
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KCCI declares successful strike against harsh tax laws
Karachi, July 19, 2025 — The Karachi Chamber of Commerce and Industry (KCCI) on Saturday declared the countrywide shutter-down a “resounding success,” terming it a united stand against the unjust and anti-business taxation measures introduced through the Finance Act, 2025.
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FPCCI, government resolve tax dispute; no strike on July 19
Karachi, July 19, 2025 – In a major development, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Friday declared that there will be no strike on July 19, following fruitful negotiations with the federal government over the controversial tax clauses introduced in the Finance Act, 2025.
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