SuperNews 6-5-2026 (Judgments – PM Tax Directions – IMF Directives – Foreign Assets Reporting – Budget Proposals – ST Return – ST SRO 800 – SRB & KPRA – Cus Vals – FBR HR)

The following topics can be found in their own Tax Law posts:

1.      PHC Judgment [WP 1389 -23] 9-4-2025 Sec 177 ITO – Selection for Audit – Exemption under Cl 105A P-IV 2nd Sch ITO – Audited in the preceding four years – PLD 2024 Pesh 146 – Allowed

2.      LHC Order [STR 32862 -22] 16-4-2026 CIR vs ATIR – Limitation for Filing of Reference Application – Dealy due to Objections Removal – Sec 5 – PLD 2020 SC 736 – 2025 SCMR 930 – Dismissed

3.      LHC Order [STR 32865 -22] 16-4-2026 CIR vs ATIR – Limitation for Filing of Reference Application – Dealy due to Objections Removal – Sec 5 – PLD 2020 SC 736 – 2025 SCMR 930 – Dismissed

4.      LHC Order [STR 56807 -19] 21-4-2026 CIR vs ATIR – Desk Audit & Scrutiny of IT Return – Comparison with ST Return – ST Registration – 2019 PTD 1493 – Dismissed

5.      SHC Judgment [CP 2973 -25] 25-3-2026 ST Registration Suspension Challenged – Sec 21(5) ST – Pre Suspension Notice based on fake input tax adjustment – PLD 1974 SC 139 – Dismissed

6.      FTO Order [01390 -26] AFR 8-4-2026 Non Adjustment of pending Refunds – Directions Issued

7.      FTO Order [03583 -26] AFT 28-4-2026 Vs Illegal Void Suspension of STRN – Non Issuance of Blacklisting Notice within time – Violation of Sec 21 – 2021 PTD 1813 – Jurisdiction Barred

8.      ADAT Order [App 519 -22] 4-5-2026 Vs NTC – Sunset Review – Anti Dumping Duties Act – China Import – Coated Bleached Paperboard – Expiry of Duties – Continuation for 5 Years – Allowed

9.      ST SRO 800 of 2026 Amendments in Sales Tax Rules, 2006 – Domestic Sale Invoice DSI (STR-7- Annexure-L)

The following topics are included in the given attachment:

10.   PM OKAYS PLAN TO OVERHAUL TAX DISPUTE SYSTEM: DIRECTS THAT THE ACTION PLAN BE IMPLEMENTED WITH CLEAR TIMELINES

11.   PM DIRECTS FBR TO DOUBLE REVENUE COLLECTION IN FY27

12.   IMF ORDERS PAKISTAN TO CANCEL ALL FUEL AND ELECTRICITY SUBSIDIES IN NEXT BUDGET

13.   FBR SHUTS DOWN UNIT TRACING UNDISCLOSED FOREIGN ASSETS AFTER UAE REFUSES TO SHARE DATA: WITHOUT ACCESS TO VERIFIED DATA, THE UNIT’S OPERATIONS BECAME LARGELY REDUNDANT, LEADING TO CLOSURE

14.   PAKISTAN PROPOSES HIGHER TAX ON CIGARETTES IN FEDERAL BUDGET

15.   INSURANCE ASSOCIATION OF PAKISTAN IAP SUGGESTS RELIEF, TAX INCENTIVES

16.   FBR TO COLLECT CSL, PDL AS MINISTRY’S AGENT

17.   SINDH SLASHES SALES TAX TO 2% FOR MOTORCYCLE RIDE SERVICES IN MAJOR RELIEF MOVE

18.   KPRA COLLECTS RS4.45BN REVENUE IN APRIL

19.   FBR UPDATES CUSTOMS VALUES FOR IMPORTED HAND TOOLS AFTER NINE-YEAR HIATUS

20.   SENATE SEEKS DETAILS OF FBR CORRUPTION CASES OVER PAST FIVE YEARS

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