Islamabad: Pakistan’s Finance Act 2026 has introduced a new banking-data reporting system under Section 165AB of the Income Tax Ordinance, 2001. Banks and Electronic Money Institutions (EMIs) are required to
Islamabad: Pakistan’s tax framework continues to impose significantly higher withholding tax rates on people who do not appear on the Active Taxpayers List. Under the tax rules, non-filers can face
Islamabad: The Federal Board of Revenue (FBR) has clarified that the Finance Act 2026 has not introduced any new powers allowing tax officials to directly recover taxes from people’s bank
