Tajir Dost Scheme: Major challenges in successful implementation highlighted KARACHI: Lack of comprehensive consultation, technological and digital literacy gaps, difficulty in determining the... Published 19 Apr, 2024 05:07am
Print Returns filed on Jan 01: KTBA urges FBR to include corporate taxpayers in ATL 2024 KARACHI: The Karachi Tax Bar Association (KTBA) has requested the Federal Board of Revenue (FBR) to include... Updated 02 Feb, 2024 09:44am
Business & Finance FBR’s online portal: KTBA seeks availability of key tax compliance form KARACHI: President of the Karachi Tax Bar Association (KTBA) Syed Zafar Ahmed has requested the Chairman, the ... Published 06 Dec, 2023 04:27am
Print Nod from IR Commissioner not needed: Tax returns can be revised within 60 days: FBR ISLAMABAD: The Federal Board of Revenue (FBR) has clarified that the FBR system is allowing taxpayers to revise... Updated 08 Nov, 2023 10:04am
Print New circular of FBR raises eyebrows KARACHI: Karachi Tax Bar Association (KTBA) has raised concerns about a new circular introduced by the Federal Board... Updated 12 Oct, 2023 08:42am
Print Income Tax return filing deadline extended to Oct 31 ISLAMABAD: The Federal Board of Revenue (FBR) has extended the last date for filing of income tax returns up to... Updated 01 Oct, 2023 04:21pm
Print IRIS system’s capacity enhanced: Up to 0.6m taxpayers to file tax returns on a daily basis ISLAMABAD: The Federal Board of Revenue (FBR) has enhanced the capacity of the IRIS system enabling 0.5-0.6 million... Updated 28 Sep, 2023 10:20am
Business & Finance FBR urged to extend income tax return deadline ISLAMABAD: Tax bar associations, chartered accountant firms, tax advisers and tax experts have approached the... Updated 25 Sep, 2023 09:15am
Business & Finance KTBA points out two more ‘glitches’ in FBR’s ‘IRIS 2.0’ KARACHI: Karachi Tax Bar Association (KTBA) has now highlighted two more glitches in an updated version of FBR’s... Published 12 Sep, 2023 06:22am
Business & Finance KTBA complains about ‘problematic’ IRIS portal KARACHI: Taxpayers are still facing difficulties in complying with tax filing requirements due to persistent issues... Updated 07 Sep, 2023 06:46am
Business & Finance Glitches in IRIS 2.0: Timely filing of returns to be near impossible KARACHI: The launch of FBR’s IRIS 2.0, has been plagued with so many problems that tax experts fear that timely... Published 03 Sep, 2023 02:59am
Print Stay pleas sans recovery notice being rejected by ATIR: KTBA KARACHI: Appeals Tribunal Inland Revenue (ATIR) has started refusing to admit stay applications without recovery... Updated 16 Aug, 2023 10:44am
Print Income tax return form for TY23: KTBA urges FBR to remove technical glitches, irregularities KARACHI: Karachi Tax Bar Association (KTBA) has requested the Federal Board of Revenue (FBR) to remove technical... Updated 02 Aug, 2023 07:57am
Print KTBA says ‘IRIS’ has stopped incorporating credit notes KARACHI: The FBR portal ‘IRIS’ has stopped incorporating credit notes during the process of filing of sales tax... Updated 27 Jun, 2023 08:59am
Business & Finance KTBA proposals highlight the issues facing taxpayers KARACHI: The Karachi Tax Bar Association (KTBA) has recently submitted a series of proposals to the Federal Board of... Published 06 Jun, 2023 05:33am
Print Registered sales, purchases: KTBA proposes reintroduction of tax credits KARACHI: Karachi Tax Bar Association (KTBA) has proposed the Federal Board of Revenue (FBR) to re-introduce tax... Updated 01 Jun, 2023 09:04am
Business & Finance Appellate Tribunal Inland Revenue: KTBA concerned over non-appointment of chairman KARACHI: The Karachi Tax Bar Association (KTBA) has expressed concerns over the non-appointment of a new chairman ... Published 13 Apr, 2023 06:37am
Business & Finance KTBA requests SRB to reverse ‘portal changes’ KARACHI: Karachi Tax Bar Association (KTBA) has requested the Sindh Revenue Board (SRB) to reverse the change made ... Published 28 Mar, 2023 06:21am
Business & Finance KTBA elects new governing body for 2023 KARACHI: New office-bearers and members of the executive committee of the Karachi Tax Bar Association (KTBA) have... Published 17 Mar, 2023 06:15am
Business & Finance Power bills: FBR collects double income tax in Karachi KARACHI: Despite being victimized by dilapidated road infrastructure, high air pollution, gas shortage,... Published 05 Jan, 2023 05:58am
Print KTBA not happy as FBR issues audit notices to taxpayers KARACHI: Federal Board of Revenue (FBR) has started issuing audit notices under section 177 of the Income Tax... Updated 02 Jan, 2023 08:44am
Business & Finance KTBA concerned at tax recovery notices KARACHI: Karachi Tax Bar Association (KTBA) has expressed concerns over tax recovery notices. In a letter sent to... Published 28 Dec, 2022 04:12am
Business & Finance Pharma supplies: KTBA urges FBR to revisit clarification about ‘further tax’ KARACHI: Karachi Tax Bar Association (KTBA) has urged the Federal Board of Revenue (FBR) to revisit its earlier... Updated 09 Dec, 2022 09:25am
Business & Finance Karachi: Chairman FBR’s highly productive visit KARACHI: Chairman Federal Board of Revenue (FBR) Asim Ahmad visited Karachi and remained in Karachi for three days.... Published 08 Nov, 2022 07:26am
Business & Finance FBR hasn’t removed ‘technical glitches, illegalities’ from IT return form: KTBA KARACHI: A large number of taxpayers is unlikely to submit income tax returns till the deadline (September 30, 2022)... Published 24 Sep, 2022 03:49am
Print Sales reports: No monthly GST return option available to pharma cos, claims KTBA KARACHI: No monthly sales tax returns option is available to report sales by the pharmaceutical industry. This was... Updated 10 Sep, 2022 10:00am
Business & Finance FBR urged to incorporate property valuation table into IRIS portal KARACHI: Karachi Tax Bar Association (KTBA) has strongly urged the Federal Board of Revenue (FBR) to incorporate... Published 07 Sep, 2022 04:13am
Business & Finance Non-active taxpayers: FBR urged to keep application of further tax in abeyance KARACHI: The Karachi Tax Bar Association (KTBA) has requested the Federal Board of Revenue (FBR) to keep the... Published 01 Sep, 2022 06:42am
Business & Finance Income Tax Ordinance, 2001 Experts concerned over proposed amendment KARACHI: Tax experts have expressed concerns over the proposed amendment (section 214A) in the Income Tax Ordinance,... Published 16 Jun, 2022 06:03am
Business & Finance Federal budget: Traders, tax experts give mixed response KARACHI: Although the federal budget 2022-23 is a balanced budget, but it will neither gain investors’ confidence... Published 11 Jun, 2022 06:08am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?