FBR Targets December 2026 Completion for Production Monitoring Technology Across Eight Industries
FBR is rolling out a Production Monitoring Solution across eight major industrial sectors under its Transformation Plan to strengthen transparency, production oversight and tax compliance.
FBR Calls on FPCCI to Promote Retailers Scheme and Expand Pakistan’s Tax Base
FBR Chairman Rashid Mahmood Langrial has urged FPCCI leaders to promote the retailers scheme, widen the tax base and help address outstanding business community concerns.
SBP to Establish Centralized Digital System for Banking and Tax Data
The State Bank of Pakistan will establish a centralized digital system to process banking information and transactions, with data from accounts crossing Rs100 million subject to automated tax cross-checking.
FBR Requires Banks and EMIs to Upload Rs100 Million Transactions to Central Data Hub
FBR has directed banks and Electronic Money Institutions to electronically upload information on deposits or withdrawals exceeding Rs100 million to the Central Data Hub for automated tax and banking data cross-matching.
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.