Business Tax

Pakistani male and female officers in a secure tech-based control room reviewing banking and tax data under Section 175AA, showing real-time dashboard and algorithm flags, captured in high-resolution iPhone 16 quality.

Section 175AA Introduced – Banking & Tax Data Exchange for High-Risk Persons (Finance Act 2025)

Jul 9, 2025 Tanweer Habib

In a move to tighten financial surveillance and curb tax evasion, the Finance Act 2025

Pakistani male and female executives in a government office, reviewing Alternative Dispute Resolution documents under Section 134A for SOEs

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Section 134A Amended – Extended ADR Mechanism for State-Owned Enterprises (Finance Act 2025)

Jul 9, 2025 Tanweer Habib

The Finance Act 2025 introduces significant changes to the Alternative Dispute Resolution (ADR) framework under

Pakistani man and woman reviewing a tax appeal notice in a modern office with bright, professional ambiance, preparing for a direct appeal to the Tribunal under Section 131(1), captured with iPhone 16 clarity.

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Section 131(1) Amended – Direct Appeal Option to Tribunal Introduced (Finance Act 2025)

Jul 8, 2025

Pakistani man and woman in a vibrant office, discussing tax appeal strategy with legal documents

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Section 127 Amended – New Right to Skip First Appeal in Finance Act 2025

Jul 8, 2025

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Amendment to Section 124 – Appeal Effects and Recovery of Tax (Finance Act 2025)

Jul 8, 2025

Professional Pakistani man and woman in a bright office, reviewing tax documents and a show cause notice related to Section 122(9) compliance under the Finance Act 2025

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Amendment to Section 122(9) – Time Limitation for Amended Assessments (Finance Act 2025)

Jul 8, 2025

Confident Pakistani man and woman at a modern office desk, looking at the camera, with laptops and documents related to digital business compliance under Finance Act 2025.

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Section 165C: A New Era of Digital Tax Compliance for Online Marketplaces, Payment Intermediaries, and Courier Services

Jul 7, 2025 Tanweer Habib

The Finance Act 2025 introduces a significant compliance requirement for Pakistan’s rapidly growing digital commerce

Pakistani businessman receives immediate tax recovery notice after High Court and appellate forums upheld demand under Section 138(3A).

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Section 138(3A) – Immediate Recovery of Tax Confirmed by Courts

Jul 3, 2025 Tanweer HabibComment

Through the Finance Bill 2025, the Government of Pakistan has introduced a significant amendment in

Pakistani businessman reviewing capital asset invoice marked as disallowed due to non-deduction of tax under Section 152/153, with visible tax files and ledger.

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Section 22 – Depreciation Disallowance for Non-Compliant Capital Purchases (2025 Update)

Jul 1, 2025

Realistic office scene showing cash transaction being disallowed and digital NTN-based sale being accepted under Section 21 of Pakistan’s Income Tax Ordinance.

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Section 21 Amendments – Disallowance of Expenses for Non-Compliant Purchases and Non-Banking Sales (2025 Update)

Jul 1, 2025

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Business Tax

Section 175AA Introduced – Banking & Tax Data Exchange for High-Risk Persons (Finance Act 2025)

Section 134A Amended – Extended ADR Mechanism for State-Owned Enterprises (Finance Act 2025)

Section 131(1) Amended – Direct Appeal Option to Tribunal Introduced (Finance Act 2025)

Section 127 Amended – New Right to Skip First Appeal in Finance Act 2025

Amendment to Section 124 – Appeal Effects and Recovery of Tax (Finance Act 2025)

Amendment to Section 122(9) – Time Limitation for Amended Assessments (Finance Act 2025)

Section 165C: A New Era of Digital Tax Compliance for Online Marketplaces, Payment Intermediaries, and Courier Services

Section 138(3A) – Immediate Recovery of Tax Confirmed by Courts

Section 22 – Depreciation Disallowance for Non-Compliant Capital Purchases (2025 Update)

Section 21 Amendments – Disallowance of Expenses for Non-Compliant Purchases and Non-Banking Sales (2025 Update)

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