Tag: KTBA

  • KTBA advocates major tax relief for NPOs in budget 2026-27

    KTBA advocates major tax relief for NPOs in budget 2026-27

    Karachi Tax Bar Association proposes removing surplus fund tax and administrative expense restrictions on non-profit organisations

    The Karachi Tax Bar Association (KTBA) has proposed significant tax relief measures for non-profit organisations (NPOs) in the Budget 2026-27, arguing that the existing tax framework restricts welfare activities and creates financial challenges for charitable institutions.

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  • KTBA highlights FBR portal hurdles in declaring business bank accounts

    KTBA highlights FBR portal hurdles in declaring business bank accounts

    Tax body urges amendment to align sales tax law with FBR’s digital registration procedures

    The Karachi Tax Bar Association (KTBA) has highlighted procedural hurdles in the Federal Board of Revenue’s (FBR) online tax system, saying registered taxpayers face difficulties in declaring business bank accounts because the prescribed sales tax registration form is no longer available on the tax authority’s digital platform.

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  • KTBA calls for CNIC, NTN requirement across entire supply chain

    KTBA calls for CNIC, NTN requirement across entire supply chain

    Karachi Tax Bar Association urges expansion of documentation rules across all trade levels to widen tax base and improve transparency.

    The Karachi Tax Bar Association (KTBA) has proposed extending the requirement of collecting Computerized National Identity Card (CNIC) and National Tax Number (NTN) details throughout the entire supply chain, in a move aimed at broadening Pakistan’s tax base and improving documentation of economic activity.

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  • Stop property transactions on higher withholding tax rates: KTBA

    Stop property transactions on higher withholding tax rates: KTBA

    Tax bar urges reduction in property withholding taxes, says current rates are hurting real estate activity and investment

    The Karachi Tax Bar Association (KTBA) has called for an end to higher withholding tax rates on immovable property transactions, saying the current structure is discouraging activity in the real estate sector.

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  • KTBA urges FBR to scrap higher taxes on non-filers

    KTBA urges FBR to scrap higher taxes on non-filers

    Tax bar says punitive withholding taxes have become a revenue tool instead of improving documentation and compliance

    The Karachi Tax Bar Association (KTBA) has urged the Federal Board of Revenue (FBR) to abolish higher withholding tax rates imposed on non-filers and instead strengthen targeted enforcement measures to expand the tax net.

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  • KTBA calls for pilot testing of annual tax return 2026 before rollout

    KTBA calls for pilot testing of annual tax return 2026 before rollout

    Tax body urges FBR to launch IRIS test environment and extend consultation period for 2026 return forms

    The Karachi Tax Bar Association (KTBA) has urged Pakistan’s tax authority to introduce pilot testing of income tax return forms for Tax Year 2026 before formal rollout, citing technical, formatting, and procedural concerns.

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  • Patel urges sunset clause to end super tax in Pakistan

    Patel urges sunset clause to end super tax in Pakistan

    EY Ford Rhodes partner calls for corporate tax reforms to improve investment climate

    Haider Ali Patel on Thursday urged the government to introduce a sunset clause in Section 4C of the Income Tax Ordinance, 2001, to define a clear end date for the levy of super tax in Pakistan.

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  • KTBA raises voice for high earners amid FBR super tax surcharge action

    KTBA raises voice for high earners amid FBR super tax surcharge action

    Karachi, April 24, 2026 – The Karachi Tax Bar Association (KTBA) has strongly defended high-income taxpayers against default surcharge proceedings initiated by the Federal Board of Revenue (FBR), raising concerns over legality, fairness, and economic impact.

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  • KTBA calls for timeout on super tax recovery until detailed court verdict

    KTBA calls for timeout on super tax recovery until detailed court verdict

    Karachi, February 17, 2026 – The Karachi Tax Bar Association (KTBA) on Tuesday urged the Federal Board of Revenue (FBR) to immediately suspend recovery of super tax until the detailed judgment of the Federal Constitutional Court is formally issued.

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  • ATIR workers’ protest hampers tax appeal filing, KTBA warns

    ATIR workers’ protest hampers tax appeal filing, KTBA warns

    Karachi, February 16, 2026 – The Karachi Tax Bar Association (KTBA) on Monday raised serious concerns over the ongoing protest by employees of the Appellate Tribunal Inland Revenue (ATIR), stating that the disruption has severely hampered the filing of appeals and stay applications, causing significant hardship for taxpayers and their legal representatives.

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