FBR Tax Collection Crosses Rs3 Trillion in First Quarter of FY27
FBR provisionally collects Rs3.072 trillion in taxes during July-September FY27, exceeding the quarterly target by around Rs19 billion.
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 Sets Timelines For Processing Deferred Sales Tax Refund Claims
FBR has introduced stage wise timelines for processing deferred sales tax refund claims through the FASTER system to reduce pending cases and speed up refunds.
FBR Collects Rs1.722 Trillion In First Two Months Of FY27, Beats Target By Rs12 Billion
Federal Board of Revenue collected Rs1.722 trillion in taxes during July and August 2026, exceeding its two-month target by Rs12 billion despite August collections falling short of the monthly target.
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 Tax Ombudsman Urges FBR To Launch Faceless Income Tax Refund System
The Federal Tax Ombudsman has recommended that FBR introduce a faceless income tax refund system allowing verified refunds to be transferred directly into taxpayers’ bank accounts through automated processing.
Uncertainty Surrounds Refund Claims as Federal Constitutional Court Strikes Down Deemed Rental Income Tax
Federal Constitutional Court declares deemed rental income tax unconstitutional, leaving taxpayers uncertain over refund mechanisms following Finance Act 2026 repeal.
OICCI Expresses Cautious Optimism Over Federal Budget Measures
The elite business chamber welcomes super tax relief and structural reforms while warning that an expanding cash economy harms compliant corporate taxpayers.
FBR Chairman Rashid Mahmood Langrial Orders Karachi Tax Officials to Resolve Business Complaints
FBR Chairman Rashid Mahmood Langrial visited the Karachi Chamber of Commerce, directing customs and tax officials to fast track refunds and eliminate corruption.
FBR Chairman and Gujranwala Chamber of Commerce Address Tax Refunds and Operational Hurdles
FBR Chairman and Gujranwala Chamber of Commerce Address Tax Refunds and Operational Hurdles