Baa Advisory

09/08/2026

📢 Attention businesses and individuals! 2026 Income Tax Return Filing due date is 30 September 2026! . BAA Advisory is your one-stop solution for:

Income Tax Return Filing (our main focus!) 📊
Trademark Registrations for your brand's security 🛡️
Swift Company Registrations 💼
PSW Import Export Licenses 🌐

We make compliance easy! ٹیکس کے معاملات میں ہم آپ کے ساتھ ہیں۔
Call us today for a consultation! 📞 0322 4313835

The services we offer include:
- [ ] Income tax return submission
- [ ] NTN, Sales Tax and PRA Registration
- [ ] Firm & Company Registration with SECP
- [ ] PSW Registration ( Import & Export License)
- [ ] GST Registration
- [ ] Chamber of Commerce Registration
- [ ] Internal & External Audit Facilities
- [ ] Audit Accounts
- [ ] PSEB Registration
- [ ] PEC Registration

25/07/2026

📢 Attention businesses and individuals! 2026 Income Tax Return Filing season is started! . BAA Advisory is your one-stop solution for:
Income Tax Return Filing (our main focus!) 📊
Trademark Registrations for your brand's security 🛡️
Swift Company Registrations 💼
PSW Import Export Licenses 🌐
We make compliance easy! ٹیکس کے معاملات میں ہم آپ کے ساتھ ہیں۔
Call us today for a consultation! 📞 0322 4313835
The services we offer include:
- [ ] Income tax return submission
- [ ] NTN, Sales Tax and PRA Registration
- [ ] Firm & Company Registration with SECP
- [ ] PSW Registration ( Import & Export License)
- [ ] GST Registration
- [ ] Chamber of Commerce Registration
- [ ] Internal & External Audit Facilities
- [ ] Audited Accounts
- [ ] PSEB Registration
- [ ] PEC Registration

13/07/2026

FBR Recovery Procedure Updates

24/06/2026

Ban on issuing individual property in Punjab province from July 1
Now all land works will be done on Green Property Certificate
Notification issued by Board of Revenue Punjab.

07/05/2026

Good news for property owners: Section 7E declared null and void.

The Federal Constitutional Court has declared Section 7E of the Income Tax Ordinance as unconstitutional (Ultra Vires).

This decision is being considered a very important development for the real estate sector and property owners of Pakistan.

What was Section 7E?
According to Section 7E, introduced under the Finance Act 2022, if a person has more than one property, the government used to assume that this property was generating income equal to 5 percent of its market value, even if there was no rent or income in reality. Federal income tax was levied on this fictitious income.

What was the constitutional conflict?

According to legal experts, under the Constitution of Pakistan, the federation can only tax “income”, while the provinces have the authority to tax immovable property. Therefore, it was argued that Section 7E was actually a property tax, which was called income tax.

Court Decision
The Federal Constitutional Court ruled in its decision that Section 7E was an excess of the federal government's constitutional powers, therefore the law is unconstitutional.

This decision is being considered a major legal and financial relief for property owners and has also clarified the constitutional limits of the taxing powers of the federation and the provinces.

31/03/2026

FBR notification regarding Digital Sales tax invoicing and Integration of Sales Tax Registered Persons

21/02/2026

28/01/2026

⚖️ Landmark Ruling: Federal Constitutional Court Upholds Super Tax

Big news for the national exchequer! The Federal Constitutional Court has issued its short order on Sections 4B and 4C of the Income Tax Ordinance 2001, effectively green-lighting the Super Tax. This move is expected to inject approximately PKR 300 billion into the public treasury.

Here are the key takeaways from the verdict:

• 10% Rate Confirmed: For Tax Year 2022, a 10% Super Tax applies to 15 specific sectors (under Section 4C) provided their income exceeded Rs. 300 million.
• Banking Sector: The Court ruled that Section 4C is applicable to banking companies starting from Tax Year 2023 and onwards.
• Oil & Petroleum Protection: For companies under Petroleum and Concession Agreements (Fifth Schedule), the Court has directed a case-by-case review. Commissioners must ensure that any new notices respect the specific "agreed caps" within individual agreements.

This judgement marks a significant moment for fiscal policy, balancing the need for public revenue with the legal protections of existing business concessions.

Federal Board of Revenue