I. Kasbati & Co Views & Recommendations

1. Your Entity Tax Team Development to take care to be part of Production Monitoring System, shortly receives Notices due to AI / dealing any Cash based matters owing heavy Cash withdrawal from bank, etc: Due to matter in para B and for Tax, Levies, Corporate Compliance & Savings, we recommend your team members to attend the Courses considering their Education & Experience. These courses can be attended Physically at Karachi; Online from Karachi Lahore, Islamabad, etc. Several Workshops and Certificate of Tax Management Planner is given in trail. Please click on the Link for (a) Comparative Study to decide relevant Level by Mr Asif Kasbati FCA, FCMA, LLB and Courses Director (b) View of High Level Professionals view (c) Participants views 

2. High Levels Tax Professionals to remain updated: Suggest Friends & Contacts to get Daily News Clipping, Updates & High Quality Commentary Subscriber in order to get this type of Quality emails, as per suggested by several High Level Professionals and current Subscribers.  For Flyer, click here. For video as to the details about services, please click Link. For Comments by High Level Professionals & Subscribers views, please click here. For 15 days FREE Samples as Trial, please fill Form, if not filled earlier. 

3. Multiplication: Although all the Commentaries are to the extent of the Subscribed IDs only, however, your Goodself is allowed to share this QC to Impart Knowledge to the maximum Employees, Relatives, Groups, etc as soon as possible, as they may get Notice anytime.

II. Background: For List of other relevant QCs, please refer to Para IV.

III. Updated Commentary

Further to KQU 4129 of 13.10.26, being an important matter, we would inform you about PM praises FBR’s efforts to identify tax collection gap (Attachment 3785.1) in ensuing paragraph, with emphasis ours in bold & Underline for quick reading.

2. PM Shehbaz Sharif has directed for completion of production monitoring for sales tax purposes across all manufacturing sectors by the end of the year.

3. He was chairing a meeting in Islamabad today to review FBR reforms.

4. The PM commended the FBR team that conducted a review of the manufacturing sector and estimated its potential.

5. He said production monitoring through cameras is being made effective.                    

6. He said businesses that collect tax from consumers but pocket the money deserve no concessions while such businesses in the manufacturing sector that are voluntarily installing monitoring systems are highly appreciated.          

7. The PM appreciated the audit report on the production monitoring system in the cement sector.

8. He also appreciated efforts of FBR team in compiling a comprehensive report on gap between tax potential and actual tax collection.

9. The meeting was briefed on the tax monitoring system for the manufacturing sector. It was informed that the system has already been fully installed in the sugar, cement, tobacco, tiles, and fertilizer sectors. Currently, the monitoring system is being installed in the textiles, packaged water, packaged juice, and packaged milk sectors, with the procurement of equipment for these sectors already completed.

10. It was informed that monitoring systems across all these manufacturing sectors will be fully operational by December 31 this year.

IV. List of other relevant TLQCs

1. 3662 of 7.8.26 about Fast Track FBR reforms & Cashless Economy – Be ready
2. 3525 of 20.5.26 about Electronic Monitoring of Bottled Water Production per STGO 3 & KC Recommendations about your Industry
3. 3374 of 4.12.25 about Electronic Monitoring of Cotton Bale Production - STGO 8
4. 3018 of 27.1.25 about FST Rules regarding Returns filing with More Production Data and New Stock Statement & KC Views
5. 2914 of 1.10.24 about ST Rules for Refund Procedures amended vide SRO 1507 and Updated FST Rules
6. 2854 of 30.7.24 about Track & Trace system for Cotton & Ginning industry
7. 2194 of 6.2.23 about IR Officers to Monitor Sugar Mills, Etc for FST
8. 3320 of 27.10.25 about Life Style Monitoring Cell uncovered Hidden Assets and KC Recommendations
9. 3133 of 22.5.25 about Shops being Sealed for Tax Evasion - Hope that U are Compliant
10. 3059 of 17.3.25 about BTB for 85% Cashless Economy !

V. Further Details & Services

Should you require any clarification or explanations in respect of the above or otherwise, or require Income Tax, Federal & Provincial Sales Tax or Withholding Tax Statement, Advisory, Return Filing or Review services, please feel free to email Mr Amsal at amsal@kasbati.co with CC to info.kasbati@professional-excellence.com, asif.s.kasbati@professional-excellence.com.

Best regards for Here & Hereafter

Asif S Kasbati (FCA, FCMA & LLB)

Managing Partner 

Kasbati & Co (1400+ Tax, Levies, Companies, Economy, Inflation, HR, Banking, Finance, etc

Quick Commentary Service Provider and High Level 440+ Tax & Levies Laws Consultants) 

Head of Tax & Professional Excellence Services (Symbols of High Quality Practical Tax, Levies & Corporate Training for Beginners to High Levels' Professionals) 

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