Regulatory

 FBR Links Over 12000 Major Retailers To POS System Fulfilling IMF Condition

Regulatory webdesk -
The Federal Board of Revenue successfully integrates 12,861 Tier-1 retailers into its POS system to meet IMF documentation requirements and curb tax evasion.

FBR Confirms Implementation of 25% Tax Reduction for Women-Owned Startups in Pakistan

Regulatory webdesk -
Federal Board of Revenue (FBR) officially confirms deployment of 25% tax reduction for startups wholly owned by women entrepreneurs, reinforcing support for female-led businesses in Pakistan’s tax system.
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Pakistan Senate Approves Virtual Assets Bill 2025 to Regulate Crypto and Digital Finance Sector

Regulatory webdesk -
Pakistan Senate committee approves Virtual Assets Bill 2025, paving the way for the Pakistan Virtual Asset Regulatory Authority to license and supervise cryptocurrency exchanges and digital wallet providers.

NITB and FBR Sign MoU to Boost Digital Service Integration Under DEEP

Regulatory webdesk -
National Information Technology Board and Federal Board of Revenue partner under the Digital Economy Enhancement Project to integrate revenue services into a unified digital platform, enhancing efficiency, transparency, and citizen convenience.

Pakistan’s Digital FBR Faces Major Setback as 80% of Tier-1 Retailers Disconnect from POS System

Regulatory webdesk -
FBR’s ambitious POS initiative struggles with compliance as 80% of Tier-1 retailers remain disconnected, raising questions on digital monitoring and consumer fee utilization.

Pakistan Issues Formal Procedure for E-Commerce Tax Withholding Under Eleventh Schedule of STA 1990

Regulatory webdesk -
PRAL has formally issued the withholding procedure for e-commerce supplies under the Eleventh Schedule of the Sales Tax Act 1990, strengthening compliance, transparency, and documentation in Pakistan’s digital economy.

First Digital Takaful Company Receives SECP Approval, Launches Pakistan’s First Fully Digital Shariah-Compliant Insurance

Regulatory webdesk -
SECP grants registration to First Digital Takaful Company, enabling Pakistan’s first fully digital, Shariah-compliant general Takaful operator to offer end-to-end digital insurance solutions.

FBR Introduces Withholding at Source for Sales Tax on Digitally Ordered Goods

Regulatory webdesk -
The Federal Board of Revenue implements a new system for e-commerce taxation where payment intermediaries, courier services, and online marketplaces withhold sales tax at source, supported by a detailed IRIS user manual to ensure transparency, efficiency, and compliance.