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Tag: Karachi Tax Bar Association

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Karachi Tax Bar Association Applauds ATIR’s Response on Recovery Stay

August 18, 2023August 18, 2023Shahnawaz Akhter

Karachi, August 18, 2023 – The Karachi Tax Bar Association (KTBA) has expressed its appreciation for the recent action taken by the Appellate Tribunal Inland Revenue (ATIR) in response to stay applications without recovery notices.

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FBR Blue

FBR Urged to Extend Sales Tax Return Date as Provincial Portals Facing Glitches

August 18, 2023August 18, 2023Shahnawaz Akhter

Karachi, August 18, 2023 – The Karachi Tax Bar Association (KTBA) has formally requested the Federal Board of Revenue (FBR) to consider extending the deadline for filing sales tax returns due to technical issues plaguing provincial filing portals.

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Taxpayers Struggle with Sindh Sales Tax Return Compliance Amid Portal Dysfunction

August 17, 2023August 17, 2023Shahnawaz Akhter

Karachi, August 17, 2023 – Taxpayers in the Sindh province are encountering significant challenges in meeting compliance requirements for filing sales tax returns and making tax payments through the online portal of the Sindh Revenue Board (SRB).

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KTBA Celebrates Pakistan’s 76th Independence Day with Special Flag Hoisting Ceremony

August 14, 2023August 14, 2023Shahnawaz Akhter

Karachi Tax Bar Association (KTBA) celebrated Pakistan’s 76th Independence Day by organizing a significant flag hoisting ceremony at the Corporate Tax Office in Karachi.

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Tax Filing Nightmares: KTBA Reveals Critical Errors in 2023 Return Forms

August 1, 2023August 1, 2023Shahnawaz Akhter

Karachi, August 1, 2023: The Karachi Tax Bar Association (KTBA) on Tuesday brought to light critical errors and mistakes present in the income tax return forms for the tax year 2023.

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KTBA Raises Concerns to FBR Regarding Challenges in Filing Sales Tax Returns

June 26, 2023June 26, 2023Shahnawaz Akhter

The Karachi Tax Bar Association (KTBA) on Monday reached out to the Federal Board of Revenue (FBR) to highlight the difficulties encountered by taxpayers while filing sales tax returns.

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Tax Concession to Retailers Termed as Politically Motivated

June 18, 2023June 18, 2023Shahnawaz Akhter

Karachi, June 18, 2023 – The tax concession provided to retailers and jewelers through the Finance Bill, 2023 has come under scrutiny, with critics arguing that it is aimed at appeasing certain political groups in light of the upcoming general elections.

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KTBA Bar

Tax Experts Express Concerns over Increase in Threshold for Money Whitening

June 17, 2023June 17, 2023Shahnawaz Akhter

Tax experts have raised questions regarding the proposed enhancement of the foreign currency threshold for the money whitening scheme outlined in the Finance Bill of 2023.

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Karachi Tax Bar Association Proposes Sales Tax Relief for Non-Profit Organizations

June 5, 2023June 5, 2023Shahnawaz Akhter

The Karachi Tax Bar Association (KTBA) has presented a tax proposal aimed at providing relief to charitable and non-profit organizations engaged in charitable activities.

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KTBA Bar

KTBA Proposes Amendments for Fairer Tax Recoveries via Frozen Bank Accounts

June 2, 2023June 2, 2023Shahnawaz Akhter

Karachi Tax Bar Association (KTBA) has proposed significant amendments to the existing laws concerning tax recoveries through the freezing of bank accounts.

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  • Finance Bill 2026 introduces faceless audit and assessment regime to transform tax administration June 13, 2026
  • Finance Bill, 2026: Freezing of assets under Customs Act, 1969 June 13, 2026
  • FBR establishes technical and business committees to rectify Finance Bill 2026 anomalies June 13, 2026
  • Pakistan hardens petroleum levy laws; grants FBR sweeping recovery powers against OMCs June 13, 2026
  • Pakistan eyes record Rs1.676 trillion petroleum levy in FY2026-27 Budget June 13, 2026

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  • Finance Bill 2026 introduces faceless audit and assessment regime to transform tax administration
  • Finance Bill, 2026: Freezing of assets under Customs Act, 1969
  • FBR establishes technical and business committees to rectify Finance Bill 2026 anomalies
  • Pakistan hardens petroleum levy laws; grants FBR sweeping recovery powers against OMCs
  • Pakistan eyes record Rs1.676 trillion petroleum levy in FY2026-27 Budget
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  • Pakistan Budget 2026-27 at a Glance
  • Finance Bill, 2026: Salient Features of Income Tax Measures
  • Finance Bill, 2026: Major Income Tax Relief Measures for 2026–27
  • Finance Bill, 2026: Salient Features of Sales Tax Laws
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