The National Board of Revenue (NBR) has withdrawn the provision of mandatory income tax return certificate submission for obtaining loans and credit cards on a limited amount. According to the circular, an individual who has a tax-free income limit can get loans up to 19,398.64 USD from the scheduled banks without submission of a tax […]

The Ministry of Commerce (MOC) has issued a list of standards and rules applicable to e-commerce operators, the Digital Commerce Operational Guidelines 2021 (“the Guidelines”). Highlights of this note Are these Guidelines legally binding? To whom do the Guidelines apply? To the sellers only or also to the online platforms that facilitate third party sellers? […]