The Sindh Revenue Board has issued a final directive to the SBCA to deposit Rs7 crore collected from 272 entities as Sindh Sales Tax, emphasizing that sufficient time has already been given and compliance is now mandatory.
The Federal Tax Ombudsman has busted a cybercriminal network operating within FBR and PRAL for filing fraudulent sales tax returns using fake and flying invoices, exposing serious weaknesses in tax IT systems and ordering legal action against those involved.
The Federal Board of Revenue (FBR) will keep tax offices open on Saturday, December 27, and extend working hours until 10:00 pm on December 31 to facilitate taxpayers and ensure timely year-end tax collection.
The FBR has been accused of fostering a hostile business climate, prompting multinational companies to scale back or exit operations in Pakistan. While global factors influence corporate restructuring, domestic challenges such as regulatory complexity, macroeconomic volatility, and high operational costs also affect investment decisions.
The Federal Board of Revenue has reminded investors that TDS under Section 151A applies to capital gains on government and corporate debt securities. Custodians or banking companies must deduct tax at source, with exemptions for transactions settled via stock exchanges and NCCPL. Proper record-keeping helps avoid penalties.
The PHC has summoned the KPRA DG in person over non-compliance of court directives regarding promotions of grade-17 officers. Petitioners claim PMS officers were posted on deputation against promotion posts, delaying legally entitled promotions.
The Punjab Revenue Authority has approved the creation of an investigation and intelligence wing to target tax evasion and improve enforcement efficiency. The PRA will also operationalize a large taxpayer unit by January 2026, while commissioners are tasked with meeting registration and revenue targets across key sectors.
The Federal Board of Revenue has begun monitoring private medical clinics in Multan to assess patient turnout and available facilities as part of its drive against tax evasion, while dismissing claims of harassment raised by the Pakistan Medical Association.
The Lahore Tax Bar Association’s Public Interest Litigation Committee has called for an inquiry into the Federal Board of Revenue after multiple time-barred tax appeals were dismissed by courts, warning of institutional failure, misuse of public funds and significant revenue losses.
Khuhro called on the federal government to allow Sindh to collect taxes if the FBR fails, highlighting the Sindh Revenue Board’s capacity and reaffirming the PPP’s commitment to protecting provincial rights under the 18th Amendment.