FBR Removes ‘Estimated Fair Market Value’ Column from Tax Return Forms to Ease Compliance
The FBR has removed the “Estimated Fair Market Value” column from the 2025 income tax return forms following Prime Minister Shehbaz Sharif’s directive, simplifying compliance and reinforcing efforts to build taxpayer trust.
Karachi Tax Bar Flags Major Errors in FBR’s IRIS System, Calls for Urgent Fixes
The Karachi Tax Bar Association raises concerns over serious flaws in FBR’s IRIS tax filing system, citing misapplication of surcharges, donation credits, and withholding tax, urging immediate corrections.