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
APTMA asks FBR to adjust super tax liabilities against pending refunds
APTMA has urged the FBR to allow adjustment of super tax liabilities against long-pending sales tax and income tax refunds, warning that immediate recovery could disrupt the cash-strapped textile sector.
Overseas Investors Chamber of Commerce and Industry urges Federal Board of Revenue to release Rs96.6 billion in pending tax refunds to ease liquidity pressure on foreign investors
The Overseas Investors Chamber of Commerce and Industry has called on the Federal Board of Revenue to expedite Rs96.6 billion in pending tax refunds, warning that delays are hurting liquidity, business planning, and investor confidence in Pakistan’s economy.