The regulatory environment of Pakistani entrepreneurs in the changing fiscal environment of 2026 is becoming more and more digitalized and transparent. With the merging of the systems of the Federal Board of Revenue (FBR) and provincial revenue bodies, including the PRA and the SRB, the error margin in tax compliance has become too small. To […]
Small and Medium Enterprises (SMEs) are the most crucial but the most susceptible sector of the Pakistan financial ecosystem in the changing economic tide in 2026. Comprising almost 90 percent of any private business, these enterprises are the main driving force of local employment and innovation, as they provide 40 percent of the country GDP. […]
The taxation process in Pakistan can be like a maze especially to the service-oriented businesses that are operating in Punjab. After the 18th Constitutional Amendment, the provinces were devolved in terms of the powers to collect sales tax on the services. This is the mantle that is held by the Punjab Revenue Authority (PRA) in […]