AZ Accounts & Tax Consultants

Ramadan Mubarak 1447 Hijriah/ 2026 🎆
AZ ACCOUNTS & TAX CONSULTANTS 📝

🎯 Day before Yesterday, I attended the Odoo ERP Business Show at Nishat Hotel Emporium, Lahore — an insightful event showcasing how Odoo ERP is transforming businesses through automation, integration, and efficiency.

I had the pleasure of meeting HSxTech and ASR BPO (Official Odoo Partners and a Chartered Accountancy firm), along with Mr. Muhammad Rizwan, FCA, where we discussed the growing potential of Odoo ERP in finance and taxation automation across Pakistan, UAE, and the UK.

As the Founder of AZ Accounts & Tax Consultants , I’m always exploring smart tools like Odoo ERP to help businesses streamline operations and achieve sustainable digital growth.

💼 AZ Team is always dedicated to helping clients achieve revolutionary growth through software automation and innovation.

📸 Sharing a few glimpses from the event below 👇

📢 FBR issues S.R.O. 2071(I)/2025 – Mandatory POS Integration for Retailers

FBR has issued S.R.O. 2071(I)/2025, dated 3rd November 2025, introducing a major amendment in Rule 150Q of the Sales Tax Rules, 2006.

🧾 Retailers whose deductible withholding tax under sections 236G or 236H of the Income Tax Ordinance, 2001 exceeds Rs. 100,000 (or Rs. 500,000, as applicable) in the preceding period are now required to integrate their business with the FBR POS system under Section 43A of the Sales Tax Act, 1990.

Some of our Clients also received notices for Registration in POS Sales Tax integration based on above SRO.

⚠️ Non-integration may lead to penalties and exclusion from Active Taxpayer benefits.

📢 FBR Update: Change of NTN/STRN on Industrial Electricity & Gas Connections

The Federal Board of Revenue (FBR) has issued Sales Tax Circular No. 03 of 2025 (dated 22nd October 2025) introducing a new SOP for changing NTN/STRN on industrial electricity and gas connections.

Key Points:
1. Registered persons must apply to the Commissioner-IR for any NTN/STRN change on utility bills.
2. The Commissioner-IR may verify particulars and premises before approval.
3. DISCOs/GASCOs will only update NTN/STRN after approval from the concerned Commissioner-IR.

This is a significant move towards improving transparency and documentation between utility providers and registered taxpayers.

📢 FBR FURTHER EXTENDED DUE DATE 🇵🇰
The deadline for filing Income Tax Returns for Tax Year 2025 has been further extended to 31st October 2025.
Another opportunity for filing of Tax returns 2025. Now File early to avoid last-minute hassle.

📢 FBR Update
The deadline for filing Income Tax Returns for Tax Year 2025 has been extended to 15th October 2025. File early to avoid last-minute hassle.