Advocate Jamal Nazir Panhwar

11/10/2023

The Supreme Court's decision to uphold the Practice and Procedure Act 2023! A progressive move towards balanced judicial empowerment.

ISLAMABAD: The Supreme Court of Pakistan has declared Practice and Procedure Act, 2023 legal, ARY News reported. The chief justice-led full bench

06/10/2023

The proposal to lower the tax-free income threshold in Pakistan raises serious concerns. Taxing individuals with a monthly income of Rs. 50,000 or below could disproportionately affect citizens already struggling. We need policies that uplift, not burden.

In a bid to increase tax revenue, Government of Pakistan is mulling to lower the tax-free income threshold that is going to impose taxes on individuals

02/10/2023

11/09/2023

📢📢 Important Announcement for Karachi Electricity Consumers! 📢📢

Important update for Karachi residents regarding electricity bills and taxes. Income tax filers with matching billing addresses can now avail exemption from advance income tax. Please register on KE's website for this benefit.

Stay informed!

11/09/2023

Legal Update: "FBR Takes Decisive Action Against Tax Evasion"🚨

The Federal Board of Revenue (FBR) has apprehended four individuals involved in a Rs11 billion tax invoice scam. This operation successfully dismantled a syndicate orchestrating a complex scheme of fake sales tax invoices. One suspect was apprehended while falsifying sales tax returns for various dummy firms from his residence. The second individual was apprehended at the PRAL Call Centre in Islamabad, where they served as a facilitation officer. Additionally, FBR officials seized Rs1.6 billion worth of counterfeit output tax data from the implicated PRAL computer. All four accused are residents of Karachi.In a significant move against tax evasion, the FBR has launched a nationwide crackdown. A list of 11,000 individuals from major cities, including Lahore and Karachi, has been prepared. This roster includes figures from diverse sectors such as industrialists, mill owners, traders, property dealers, and wholesalers. Stricter measures will be enforced against tax defaulters, potentially leading to their arrest. The FBR's roster encompasses individuals from Karachi, Lahore, Faisalabad, Rawalpindi, and Multan. Tax defaulters are given one week to produce requisite documentation following the issuance of a tax notice.For any legal inquiries or assistance, please do not hesitate to reach out.

Your compliance is of paramount importance. 📞

24/07/2023

Famous Farhan Biryani Centre Sealed for Tax Evasion!"

In a decisive move to address tax evasion and non-compliance, the Sindh Revenue Board (SRB) took strict action against M/s Farhan Biryani Centre, an esteemed biryani restaurant located in Gulistan-e-Johar, Karachi. The closure of the restaurant's premises came as a result of its repeated failure to adhere to the provisions of the Sindh Sales Tax on Services Act, 2011, and its refusal to pay due taxes to the Sindh exchequer.

Acting under the authority of Section 54B of the Sindh Sales Tax on Services Act, the SRB exercised its powers to hold the establishment accountable for its tax-related violations. A joint operation was conducted with the assistance of law enforcement agencies, underscoring the seriousness with which the authorities are tackling tax evasion and non-compliance issues in the region.

This brief update is purely informational and does not reflect personal opinions or experiences.

Baarhaal: Biryani Achi hai inki 🤷

10/07/2023

پارٹی کے بانی الطاف حسین کے وفادار ایم کیو ایم لندن دھڑے کی جانب سے نکالی گئی ریلی کے دوران پولیس نے کارکنوں کو گرفتار کرلیا۔ میں منگل 11-07-2023 کو فرسٹ انفارمیشن رپورٹ (ایف آئی آر) میں نامزد ملزمان کی جانب سے ضمانت کی درخواست دائر کرنے جا رہا ہوں۔

10/07/2023

A reminder to file your taxes on time.
Last date: 30-09-2023

10/07/2023

The rally, organised by the MQM-London faction loyal to the party's founder Altaf Hussain, led to the arrest of activists by the police.

I am going to file a bail application on behalf of the accused individuals named in the First Information Report (FIR) on Tuesday 11-07-2023.

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06/07/2023

Tax year 2022-2023!!
📣📢📣📢📣

17/06/2023

As the European Union passes the groundbreaking AI Act, it's crucial for Pakistan to recognize the significance of regulating Artificial Intelligence (AI) within our own borders. The AI Act sets a precedent for responsible AI governance, and Pakistan must adapt to the changing landscape of AI usage as technology continues to advance at a rapid pace.

AI is evolving day by day, transforming various industries and impacting our daily lives. To harness the potential benefits of AI while addressing potential risks, it is imperative for Pakistan to establish a robust regulatory framework that adapts to the evolving nature of AI.

A well-regulated AI ecosystem will attract investment, foster innovation, and support the growth of AI startups and industries. It will enable Pakistan to be at the forefront of technological advancements, leading to job creation and economic prosperity.

09/06/2023

Well, well, well, look who's feeling generous! The Sindh government has decided to grace us with their magnanimity by generously "increasing" the minimum monthly wage for laborers. Hold your breath, folks, because this mind-blowing raise is going to rocket all the way up to a whopping range of Rs. 32,000 to Rs. 35,000. Can you believe it? I mean, who needs a decent living when you can have an "improved" wage that barely covers the basic necessities? It's almost like they're doing us a favor by throwing us a few crumbs from their lavish banquet. Oh, thank you, dear government, for showering us with your benevolence. We are truly humbled by your sarcasm... I mean, generosity. Excuse me while I struggle to contain my overflowing excitement. Bravo!