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Tag: KTBA

KTBA Bar

KTBA flags IRIS login woes, seeks urgent fixes

July 16, 2025July 16, 2025Shahnawaz Akhter

Karachi, July 16, 2025 – The Karachi Tax Bar Association (KTBA) has drawn urgent attention to persistent operational difficulties being faced by taxpayers and consultants in accessing the Federal Board of Revenue’s (FBR) IRIS portal, particularly related to login authentication.

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KTBA Bar

KTBA requests deadline extension for electronic tax integration

June 30, 2025June 30, 2025Shahnawaz Akhter

Karachi, June 30, 2025 – The Karachi Tax Bar Association (KTBA) has formally appealed to the Federal Board of Revenue (FBR) for an urgent extension in the deadline for mandatory electronic integration under the sales tax invoicing system.

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KTBA Bar

KTBA slams IMF grip on Pakistan in post budget 2025-26 analysis

June 17, 2025June 17, 2025Shahnawaz Akhter

Karachi, June 17, 2025 – In a hard-hitting critique of prolonged economic dependency of Pakistan, President of the Karachi Tax Bar Association (KTBA), Ali A. Rahim, issued a powerful warning regarding the country’s dangerous over-reliance on the International Monetary Fund (IMF).

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KTBA Bar

Pakistan’s corporate tax burden highest in Asian region: KTBA

June 6, 2025June 6, 2025Shahnawaz Akhter

Karachi, June 6, 2025 – The Karachi Tax Bar Association (KTBA) has called on the federal government to lower Pakistan’s corporate tax rate, highlighting that it is currently the highest in Asia.

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KTBA Bar

KTBA pushes for zero-rated sales tax on NPOs in budget 2025–26

May 29, 2025May 29, 2025Shahnawaz Akhter

Karachi, May 29, 2025 – In a major policy recommendation ahead of the upcoming federal budget, the Karachi Tax Bar Association (KTBA) has called on the government to introduce zero-rated sales tax for all Non-Profit Organizations (NPOs), particularly those engaged in critical public welfare services like healthcare and education.

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KTBA Bar

KTBA slams FBR over sales tax filing nightmare

May 24, 2025May 24, 2025Shahnawaz Akhter

Karachi, May 24, 2025 — The Karachi Tax Bar Association (KTBA) has sounded the alarm over the Federal Board of Revenue’s (FBR) sweeping changes to sales tax return filing, warning that the system overhaul under SRO 578 has pushed the entire business community into chaos.

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KTBA Bar

KTBA recommends 40% tax credit for teachers and researchers

May 18, 2025May 18, 2025Shahnawaz Akhter

Karachi, May 18, 2025 – The Karachi Tax Bar Association (KTBA) has called for the restoration of a 40% tax credit on income earned by qualified teachers and researchers in its detailed budget proposals for the fiscal year 2025-26.

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budget proposals

KTBA recommends ban on non-filer property transactions

May 14, 2025May 14, 2025Shahnawaz Akhter

Karachi, May 14, 2025 – The Karachi Tax Bar Association (KTBA) has put forth a significant recommendation as part of its tax proposals for the upcoming budget 2025-26: a ban on all property transactions undertaken by individuals who are not active filers of income tax returns.

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KTBA Bar

KTBA urges government to abolish tax on NPOs surplus funds

May 12, 2025May 12, 2025Shahnawaz Akhter

Karachi, May 12, 2025 – The Karachi Tax Bar Association (KTBA) has called on the government to abolish the tax on surplus funds of Non-Profit Organizations (NPOs) in the upcoming federal budget for 2025–26.

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KTBA Bar

KTBA urges FBR to prioritize return enforcement over high tax rates

May 6, 2025May 6, 2025Shahnawaz Akhter

Karachi, May 6, 2025 – The Karachi Tax Bar Association (KTBA) has formally recommended that the Federal Board of Revenue (FBR) reorient its tax policy strategy by prioritizing the enforcement of tax return filing rather than relying heavily on collecting higher taxes from non-filers.

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  • PM Shehbaz Sets FBR Revenue Target Above Rs15 Trillion for FY2026-27
  • PTA Rejects Fake Notification on Mobile Phone Tax Instalments
  • Pakistan’s Trade Deficit Hits Four-Year High of $4.5 Billion in June 2026
  • SBP Injects Rs2.26 Trillion into Banking System Through OMO
  • PIA Privatisation Advances as Buyer Takes 66.67% Stake
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