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flag Pakistan's Supreme Court examines if a post-financial-year tax on top earners is constitutional.

Pakistan's Supreme Court is reviewing the constitutionality of a "super tax" imposed outside the financial year, challenging Parliament's authority to levy it. The tax, introduced in 2015 and amended in 2022, targets high earners and companies with income over Rs500 million, with rates up to 10% to fund rehabilitation of displaced persons. Petitioners argue the tax violates legislative procedures, while the Federal Board of Revenue defends its legality, asserting Parliament's power under the Constitution. The court is assessing whether the National Assembly can enact such tax laws beyond the financial year. The hearing continues, with the Attorney General set to submit written arguments soon.

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