Islamabad, October 29, 2025 – As the deadline for filing income tax returns for the tax year 2025 rapidly approaches, the Federal Board of Revenue (FBR) has established a dedicated committee to address the persistent technical glitches troubling taxpayers across Pakistan.
(more…)Author: Shahnawaz Akhter
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KTBA slams FBR over major tax calculation glitch on IRIS portal days before return deadline
Karachi, October 29, 2025 – Just two days before the tax return filing deadline, the Karachi Tax Bar Association (KTBA) has once again raised the alarm over what it calls a “serious and unlawful tax calculation error” in the Federal Board of Revenue’s (FBR) IRIS online filing portal — a glitch that could potentially impact thousands of taxpayers across Pakistan.
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FBR launches video surveillance system to monitor sugar supply chain
Islamabad, October 29, 2025 – The Federal Board of Revenue (FBR) has officially launched a comprehensive video surveillance and monitoring system for the sugar industry to enhance transparency, prevent tax evasion, and ensure accurate revenue collection.
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FBR says FTO order on cyber-security wrongly interpreted
Islamabad, October 28, 2025 – The Federal Board of Revenue (FBR) on Tuesday strongly denied reports suggesting a cyber breach of its IT infrastructure, asserting that the Federal Tax Ombudsman’s (FTO) order regarding cyber-security had been misinterpreted by media outlets.
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LTBA Urges PM Shehbaz for Tax Return Extension to Nov 30
Lahore, October 28, 2025 – Mounting frustration over persistent technical glitches in the Federal Board of Revenue’s (FBR) IRIS portal has pushed the Lahore Tax Bar Association (LTBA) to take an unprecedented step — appealing directly to Prime Minister Muhammad Shehbaz Sharif for intervention.
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FBR’s 2025 Tax Return Shock Stuns Taxpayers Nationwide
Karachi, October 28, 2025 – In a dramatic last-minute twist, the Federal Board of Revenue (FBR) has rolled out yet another modification to the income tax return form for tax year 2025, catching taxpayers and tax consultants completely off guard — just three days before the extended filing deadline.
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KTBA Warns: IRIS Glitch Blocks 2025 Tax Return Extensions
Karachi, October 28, 2025 – The Karachi Tax Bar Association (KTBA) has raised alarm over a critical glitch on the Federal Board of Revenue’s (FBR) IRIS portal, which is preventing taxpayers from applying for the 2025 income tax return filing extension—just days before the October 31 deadline.
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Capital gain tax skyrockets 559% in 1QFY26 as PSX hits record highs
Karachi, October 27, 2025 – Pakistan’s roaring stock market rally has sent tax revenues soaring, with Capital Gain Tax (CGT) collection jumping by an astonishing 559% in the first quarter (July–September) of FY2025–26, according to official data.
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SAI blasts telecom companies for poor mobile and internet services
Karachi, October 27, 2025 – The SITE Association of Industries (SAI) has strongly criticized Pakistan’s telecom operators and internet service providers over persistent network issues, labeling their performance as substandard and damaging to business operations.
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FBR makes unique identification marking (UIM) mandatory for cement monitoring
Islamabad, October 27, 2025 – The Federal Board of Revenue (FBR) has announced mandatory implementation of Unique Identification Marking (UIM) on cement products as part of its electronic monitoring under the Track and Trace System.
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