Reporting high-value bank transactions made mandatory in Pakistan

The federal government has introduced a new law aimed at curbing tax evasion and strengthening transparency within the financial system. Under the legislation, all bank transactions amounting to Rs100 million or more will be subject to mandatory reporting from 1 July 2026. Under the Finance Act 2026, a new provision, Section 165AB, has been inserted […] The post Reporting high-value bank transactions made mandatory in Pakistan appeared first on MM News .