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Tag: KTBA

Tax Return Filing

Tax Return Filing in Pakistan Plagued by Technical and Legal Glitches

September 2, 2023September 2, 2023Shahnawaz Akhter

Karachi, September 2, 2023 – The process of tax return filing for the year 2023 in Pakistan has encountered a multitude of technical and legal glitches, according to the Karachi Tax Bar Association (KTBA).

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KTBA Bar

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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KTBA Bar

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 independence date

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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KTBA Bar

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 Bar

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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KTBA Bar

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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Tax Budget

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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