Mar 21

Court hearing on Riba-free banking in Pakistan

ISLAMABAD: The Federal Shariat Court on Monday continued hearing on the case of Riba in the country. The full bench of the court comprising of Justice Muhammad Noor Meskanzai Chief Justice, Justice Dr. Syed Muhammad Anwar and Justice Khadim Hussain M. Shaikh, in exercise of power under Article 203-D of the Constitution of Islamic Republic […]

by Anjum Shah

Apex court suspends order in tax notices to overseas assets

Jan 11

Taxation, Top stories

Apex court suspends order in tax notices to overseas assets

ISLAMABAD: The Supreme Court of Pakistan (SCP) – the apex court – has suspended the order of Sindh High Court (SHC) on the issuance of tax notices to Pakistanis regarding their overseas assets. A statement issued by the Federal Board of Revenue (FBR) on Tuesday, stated that while granting leave to appeal, the SCP has […]

by Anjum Shah

FBR reinstates nine customs officers into service on court order

May 7

Pakistan Customs, Taxation

FBR reinstates nine customs officers into service on court order

ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday reinstated nine customs officials into service following an order of Supreme Court of Pakistan. The FBR said that in pursuance of judgment dated November 26, 2018 passed by Federal Service Tribunal, Islamabad duly upheld by the Supreme Court of Pakistan through order dated April 17, 2019, the […]

by Faisal Shah

FBR starts collecting withholding tax on cell phones after apex court decision

Apr 24

Taxation

FBR starts collecting withholding tax on cell phones after apex court decision

ISLAMABAD: Federal Board of Revenue (FBR) and provincial revenue authorities will start collecting withholding tax on use of mobile phone top-ups after decision of Supreme Court of Pakistan (SCP) on Wednesday. The apex court in a hearing today announced the restoration of all taxes charged by cellular service providers on mobile phone top-up cards. Chief […]

by Faisal Shah

FPCCI to move review petition in demolition of illegal constructions

Jan 30

Trade & Industry

FPCCI to move review petition in demolition of illegal constructions

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday decided to file review petition before the Supreme Court of Pakistan (SCP) regarding demolition of illegal / unauthorized construction. Daro Khan Achakzai, President, FPCCI while addressing a press conference said that the apex trade body respects the order to of the Supreme Court. […]

by Hamza Shah

Demolishing illegal buildings: Supreme Court gives one month to SBCA for submitting plan

Jan 23

National

Demolishing illegal buildings: Supreme Court gives one month to SBCA for submitting plan

KARACHI: Supreme Court of Pakistan (SCP) on Tuesday directed Sindh Building Control Authority (SBCA) to submit a plan within one month for demolishing illegal constructed buildings. The plan should also recommend for compensating people who are occupying those illegal buildings. A division bench of the SCP comprising Justice Gulzar Ahmed and Justice Sajjad Ali Shah […]

by Anjum Shah

Exemption to judges of superior courts under Income Tax Ordinance 2001

Jan 19

Taxation

Exemption to judges of superior courts under Income Tax Ordinance 2001

KARACHI: The federal government has exempted from tax on benefits and allowances availed by judges of Supreme Court of Pakistan and judges of high court. The exemption has been allowed under Income Tax Ordinance, 2001. The following perquisites, benefits and allowances received by a Judge of Supreme Court of Pakistan and Judge of High Court, […]

by Hamza Shah

Sindh government notifies lifting ban on high rise buildings

Jan 17

National

Sindh government notifies lifting ban on high rise buildings

KARACHI: The Sindh government on Thursday notified to lift ban on approval of high rise buildings to comply with the Supreme Court order. The apex court on December 11, 2018 passed judgment to withdraw its previous order regarding ban on construction of high rise buildings in Karachi. A three-judge SC bench headed by Chief Justice […]

by Hamza Shah