Karachi Tax Bar Association (KTBA) on Friday highlighted difficulties faced by pharmaceutical industry in reporting of sales after implementation of Finance Act, 2022. KTBA President Syed Rehan Hasan Jafri in a letter to Asim Ahmad, Chairman of Federal Board of Revenue (FBR) apprised about the implications faced by the bar members after amendments introduced in […]

Karachi Tax Bar Association (KTBA) on Tuesday demanded the tax authorities to immediately suspend the application of further sales tax due to implementation of amendments brought through Finance Act, 2022. KTBA President Syed Rehan Hasan Jafri in a letter to Asim Ahmad, chairman of Federal Board of Revenue (FBR), stated that before the changes brought […]

Karachi Tax Bar Association (KTBA) on Thursday urged the Federal Board of Revenue (FBR) to extend date for filing statement and returns. KTBA President Syed Rehan Hasan Jafri in a letter sent to FBR Chairman Asim Ahmad requested to extend the date of filing quarterly income tax withholding statement and monthly sales tax return for […]

Karachi Tax Bar Association (KTBA) on Monday has strongly criticized the bid of officers of Inland Revenue (IR) to reject adjustment of tax refund against liability. The tax bar in a letter to the chairman of the Federal Board of Revenue informed that a large number of notices for tax returns filed for tax year […]