Karachi, February 13, 2025 – The Karachi Tax Bar Association (KTBA) has called upon the Federal Board of Revenue (FBR) to immediately withdraw the show-cause notices served to salaried individuals regarding tax recoveries.
(more…)Tag: KTBA
-
KTBA Calls for FBR to Limit Password Change Policy to Sales Tax
Karachi, February 10, 2025 – The Karachi Tax Bar Association (KTBA) has strongly recommended that the Federal Board of Revenue (FBR) confine its newly implemented password change policy to sales tax filers alone.
(more…) -
KTBA Urges FBR to Delay SRO 55 Compliance for Two Months
Karachi, February 8, 2025 – The Karachi Tax Bar Association (KTBA) has called on the Federal Board of Revenue (FBR) to defer the implementation of SRO 55(I)/2025, which introduces key modifications to sales tax return filing.
(more…) -
KTBA proposes solutions to eliminate sales tax return issues
Karachi, February 4, 2025 – The Karachi Tax Bar Association (KTBA) has proposed comprehensive solutions to resolve the persistent issues taxpayers face while filing sales tax returns.
(more…) -
IRIS restricts auto revision of sales tax return: KTBA
Karachi, January 31, 2025 – The Karachi Tax Bar Association (KTBA) has raised concerns regarding the IRIS portal’s restriction on the auto revision of sales tax returns, causing challenges for taxpayers who need to rectify their declarations.
(more…) -
KTBA Calls for Fixing Anomaly in Sales Tax Return
The Karachi Tax Bar Association (KTBA) has raised an important issue with the Federal Board of Revenue (FBR) regarding a problem in the sales tax return process.
(more…) -
Karachi Tax Bar Highlights Challenges in Property Valuation
Karachi, January 28, 2025 – The Karachi Tax Bar Association (KTBA) has raised serious concerns regarding the fair market value (FMV) assessment of multi-storied built-up properties in Karachi.
(more…) -
Ali A. Rahim Elected Unopposed as KTBA President
Karachi, December 11, 2024 – Ali A. Rahim has been elected unopposed as the President of the Karachi Tax Bar Association (KTBA) for the tax year 2025.
(more…) -
KTBA Urges FBR to Allow Unconditional Return Filing Extensions
Karachi, October 14, 2024 – The Karachi Tax Bar Association (KTBA) has called on the Federal Board of Revenue (FBR) to accept applications for extensions in return filing deadlines without imposing restrictive conditions. In a formal communication addressed to Badshah Khan Wazir, Member of IR Operations at FBR, KTBA President Syed Zafar Ahmad raised several critical issues regarding the current return filing process and the challenges faced by taxpayers.
(more…) -
KTBA Seeks Exemption for Reporting of Fixed Asset Disposal
Karachi, September 13, 2024 – The Karachi Tax Bar Association (KTBA) has called upon the Federal Board of Revenue (FBR) to introduce an exemption for taxpayers reporting the disposal of fixed assets, highlighting significant procedural challenges faced by taxpayers in complying with current regulations.
(more…)