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Tag: KTBA

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

May 19, 2026May 19, 2026Shahnawaz Akhter

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

May 14, 2026May 14, 2026Shahnawaz Akhter

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

April 24, 2026April 24, 2026Shahnawaz Akhter

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

February 17, 2026February 17, 2026Shahnawaz Akhter

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

February 16, 2026February 16, 2026Shahnawaz Akhter

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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KTBA highlights challenges in Sindh Revenue Board’s CPC adoption

January 14, 2026January 14, 2026Shahnawaz Akhter

Karachi, January 14, 2026 – The Karachi Tax Bar Association (KTBA) hosted a seminar addressing the adoption of Central Product Classification (CPC) Version 2.1 by the Sindh Revenue Board (SRB), highlighting practical challenges and implications for businesses in the province.

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Mehmood Bikiya elected president of Karachi Tax Bar Association for 2025-26

December 4, 2025December 4, 2025Shahnawaz Akhter

Karachi, December 4, 2025 – The Karachi Tax Bar Association (KTBA) has elected Mehmood Bikiya as its president for the 2025-26 term, following the 69th Annual General Meeting held on Thursday.

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KTBA Bar

Karachi Tax Bar Pushes FBR to Unlock Wealth Statement Revisions

November 29, 2025November 29, 2025Shahnawaz Akhter

Karachi, November 29, 2025 – The Karachi Tax Bar Association (KTBA) has called on the Federal Board of Revenue (FBR) to enable taxpayers to revise their wealth statements on the online IRIS portal, highlighting a critical procedural gap affecting compliance.

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Builders, developers unable to download tax return evidence: KTBA highlights IRIS glitch

November 19, 2025November 19, 2025Shahnawaz Akhter

Karachi, November 19, 2025: The Karachi Tax Bar Association (KTBA) on Wednesday raised concerns over a technical issue preventing builders and developers from downloading a PDF copy of their 2025 income tax returns filed via the FBR’s IRIS portal.

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FBR sparks controversy with abrupt ban on manual tax return filing

November 10, 2025November 10, 2025Shahnawaz Akhter

Karachi, November 10, 2025 – The Federal Board of Revenue (FBR) has ignited a storm in the tax community by issuing SRO 2107(I)/2025, officially ending manual filing of income tax returns for the current year.

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