BUDGETJanuary 21, 2022Digital Mode of Payment Defined by Finance Supplementary Act 2022 By Admin To explain the term digital means, amendments have been made to Income Tax Ordinance 2001. A Clause…Read more
TAXATIONDecember 27, 2021Why Digital Mode of Payments have issues to implement in corporate sector? By Admin Taxpayers are again requesting to Federal Board of Revenue (FBR) that the mandatory condition of…Read more
UPDATESOctober 30, 2021Deadline for Digital Mode of Payments Proposed to further extend By Admin Federal Board of Revenue (FBR) is examining a proposal to further extend time period beyond November…Read more
FINANCEJanuary 23, 2022State Bank to Issue New Licenses to 5 New Digital Banks By Admin The State Bank of Pakistan (SBP) will soon embark upon a journey toward an advanced banking system…Read more
BUDGETJanuary 9, 2022CNIC condition to be waived on digital payment By Admin The Federal Board of Revenue (FBR) may withdraw the condition of providing details of Computerized…Read more
BUDGETSeptember 19, 2021FBR considering to allow corporate sector a grace period to adopt digital payments By Admin Federal Board of Revenue (FBR) is considering allowing the corporate taxpayers a grace period of 40…Read more
FINANCEAugust 17, 2021Instructions of State Bank regarding Cost of using Digital Fund Transfer Services By Admin The State Bank of Pakistan on 16th June 2021 issued circular PSD Circular No. 02 of 2021 whereby…Read more
FINANCEOctober 31, 2021State Bank Confirms no financial loss due to cyber attack on NBP Bank By Admin The National Bank of Pakistan (NBP) reported a cyber-attack that is being investigated, confirmed…Read more
BUDGETSeptember 24, 2021Tax Incentives granted under tax laws third amendment ordinance 2021 By Admin Within third month of passage of Finance Act, 2021, the Government felt the need of introducing…Read more
TAXATIONSeptember 22, 2021New Penalty Provisions relating to non-integrated Tier-1 Retailers By Admin The FBR has been empowered to require any person or classes of person to integrate their invoice…Read more