FBR IRIS System Glitches Disrupt Sales Tax Return Filing, PCDMA Seeks Urgent Resolution
Pakistan Chemicals & Dyes Merchants Association warns that technical issues in FBR’s IRIS system are delaying Sales Tax Returns and creating compliance risks for registered taxpayers.
ADB Announces Additional $200 Million Loan To Modernize Pakistan Revenue Administration
Asian Development Bank plans an additional $200 million loan to support Pakistan’s revenue administration reforms, digital infrastructure, tax compliance, cybersecurity, and data analytics.
IRIS 3.0 Signals Major Shift Toward Data Driven Tax Administration In Pakistan
FBR’s reported development of IRIS 3.0 could move Pakistan’s tax system beyond digital filing toward automated administration, pre-filled taxpayer data, cross-source integration, stronger verification and data-driven compliance.
FPCCI Calls For Tax Incentives To Accelerate Digital Payments In Pakistan
FPCCI has called for tax relief, cashback schemes and other incentives to increase digital payments, improve documentation and broaden Pakistan’s tax base.
FBR Launches Simplified Tax Scheme For Small Shopkeepers With 1% Turnover Tax
FBR promotes a simplified tax scheme for small shopkeepers featuring digital registration, flexible payment options and a 1% turnover tax for registered retailers.
FBR And Business Groups Agree To Establish Joint Tax Facilitation Committees
Federal Board of Revenue has agreed to establish joint committees with major business bodies to resolve taxpayer grievances, improve tax processes, accelerate refunds and strengthen private sector engagement.
Federal Board of Revenue Introduces Automated Banking Data Framework to Boost Tax Compliance
The Federal Board of Revenue will receive automated financial data from banks and EMIs under the Finance Act 2026 to detect high-value tax discrepancies.
Federal Board of Revenue Clarifies Solar Panel Tax Exemption and Introduces Digital Media Income Levies
The apex tax authority outlines a massive revenue collection target driven by automated compliance, digital platform taxes, and retail net expansion.
FBR Transformation Plan Doubles Tax Returns And Blocks Massive Revenue Fraud
The Federal Board of Revenue blocks 9.8 billion rupees in fraudulent sales tax refunds and doubles tax filings under its national digitization plan.
FBR Moves Consumer Goods to Third Schedule to Curb Tax Evasion
The Federal Board of Revenue plans to bring 20 consumer goods categories under the Third Schedule of the Sales Tax Act to secure billions in revenue.