Section 37A of the Sales Tax Act, 1990 introduces robust mechanisms to tackle tax fraud through structured inquiries, investigations, and—when warranted—arrests. While some critics have expressed concern over the powers granted under this provision, a deeper analysis reveals that Section 37A is designed to act as a powerful deterrent against tax fraud rather than a tool to harass honest taxpayers.
(more…)Category: Budget 2025-26
Pakistan Budget 2025–26 presents fiscal strategy, tax reforms, development spending, and policy measures aimed at economic stability.
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Govt sets up high-powered committee to avert July 19 strike
Islamabad, July 15, 2025 – In a decisive step to prevent a nationwide business shutdown, the federal government has formed a high-powered committee to address the grievances of traders and industrialists arising from Section 37A of the Finance Act 2025.
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Section 11E gives FBR big teeth in sales tax recovery
Karachi, July 15, 2025 – The Federal Board of Revenue (FBR) has been armed with unprecedented powers under the newly amended Section 11E of the Sales Tax Act, 1990 — a legislative shift that is set to dramatically reshape the landscape of tax enforcement in Pakistan.
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SITE Association endorses July 19 strike, slams tax laws
Karachi, July 14, 2025 – The SITE Association of Industry, Karachi, has thrown its weight behind the Karachi Chamber of Commerce’s call for a nationwide strike on July 19, in protest against controversial tax laws introduced through Sections 37A and 37B of the Finance Act, 2025.
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No compromise on July 19 strike without tax rollback: Bilwani
Karachi, July 14, 2025 – In a defiant and high-voltage press conference, Karachi Chamber of Commerce and Industry (KCCI) President Muhammad Jawed Bilwani declared that the business community will not back down from the strike scheduled for July 19 unless the government immediately suspends the “anti-business” provisions introduced in the Finance Act 2025. The message was loud and clear: no rollback, no compromise.
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Goods transporters support July 19 strike against tax laws
Karachi, July 13, 2025 — In a dramatic turn of events, goods transporters from every corner of Pakistan have thrown their full weight behind the July 19 strike against the controversial tax laws introduced through the Finance Act, 2025.
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FBR urges businesses: Limit cash to avoid tax troubles
Islamabad, July 11, 2025 – The Federal Board of Revenue (FBR) is making headlines once again—this time by strongly advising businesses across Pakistan to avoid cash sales and adopt banking or digital channels for transactions exceeding Rs200,000.
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KCCI leads business uprising: July 19 protest against tax laws
Karachi, July 10, 2025 – In a dramatic turn, the Karachi Chamber of Commerce and Industry (KCCI) has declared a nationwide protest scheduled for Saturday, July 19, 2025, shaking the country’s economic and political landscape.
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CEO and CFO Freed from FBR’s Arrest Powers
Karachi, July 10, 2025 – In a dramatic turn of events, the Federal Board of Revenue (FBR) has been stripped of its controversial powers to arrest the CEO and CFO of companies allegedly involved in tax fraud.
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Business community rises against FBR’s arrest powers
Multan, July 9, 2025 — A thunderous wave of resistance is sweeping across Pakistan as the business community unites in fierce opposition to the sweeping arrest and investigation powers granted to the Federal Board of Revenue (FBR) through the controversial Finance Act, 2025.
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