FBR Wealth Statement Rules for Tax Year 2027 Cover Assets, Liabilities and Spending
FBR can require individuals to submit detailed wealth statements for Tax Year 2027, including information on assets, liabilities, foreign holdings and expenditures.
FBR Extends Tax Year 2026 Return Deadline to October 15
FBR extends the Tax Year 2026 income tax return filing deadline from September 30 to October 15 amid a sharp rise in filing activity.
FBR Can Seal Businesses That Fail to Connect to Monitoring System
FBR amendments to Sales Tax Rules allow authorities to seal registered business premises that fail to connect required monitoring systems to its network.
Karachi Tax Bar Urges FBR to Fix IRIS Issues Before Tax Year 2026 Filing Deadline
Karachi Tax Bar Association urges FBR to address IRIS downtime, excessive data requirements and technical issues affecting Tax Year 2026 return filing.
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.
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.
ICMA KSA To Host Webinar On Tax Compliance For Overseas Pakistanis And Non-Residents
ICMA KSA Branch Council will host a September 26 webinar covering tax compliance and return filing for overseas Pakistanis and non-resident individuals.
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.