FBR Urged to Extend Tax Year 2026 Return Filing Deadline to December
Tax bar associations, chambers and trade bodies have urged FBR Chairman Rashid Mahmood Langrial to extend the Tax Year 2026 income tax return deadline amid IRIS glitches and delayed forms.
FBR Suspends Sales Tax Registrations Over E-Invoicing Non-Compliance
FBR has started suspending sales tax registrations of taxpayers that failed to integrate with its electronic invoicing system, raising concerns over enforcement powers.
FBR Introduces E-Scrutiny System for Sales Tax Returns Through IRIS
The FBR has introduced an electronic scrutiny mechanism for sales tax returns, allowing its computerised system to identify discrepancies and issue online advice or advance intimations through IRIS before legal or penal proceedings.
Tax Practitioners Urge PM Shehbaz Sharif to Extend Tax Return Deadline to November 30
Pakistan’s tax practitioners have urged Prime Minister Shehbaz Sharif to extend the Tax Year 2026 income tax return and wealth statement filing deadline from September 30 to November 30, citing IRIS portal delays, power outages, financial pressures and heavy workloads.
Asan Tax Scheme Brings 9,806 Shopkeepers Into Pakistan’s Tax Net
The Asan Tax Scheme has registered 9,806 shopkeepers within a month, including 1,929 first-time taxpayers, as the FBR works to expand compliance among traders.
FBR Clarifies Tax Rules for RDA Holders on PSX Investments and Profit Repatriation
FBR has clarified that non-resident Roshan Digital Account holders are exempt from return filing and non-filer rates, while PSX gains and dividends from RDA profits are taxed at filer rates.
IMF Begins Fourth Review Of Pakistan’s $7 Billion EFF Programme
The IMF has started discussions with the State Bank of Pakistan on Pakistan’s fourth $7 billion EFF review, covering inflation, monetary policy, exchange rates, fiscal reforms and economic targets.
FBR Makes Physical Inspection Mandatory Before Customs Auctions, Adds Bidder Appeal Mechanism
FBR has amended Customs Rules 2001 to require physical inspection before auctions and introduced a 15-day appeal mechanism for aggrieved bidders.
FBR and Traders Plan Nationwide Shop Registration Drive Under Easy Tax Scheme
FBR officials and trader representatives will jointly visit markets across Pakistan to facilitate shopkeeper registration under the Easy Tax Scheme, with registration drives planned through regional tax offices.
FBR Addresses IRIS Portal Problems as Tax Return Filing Deadline Approaches
Federal Board of Revenue acknowledges intermittent issues affecting its IRIS portal and says technical teams are working to restore smooth access for taxpayers.