Computational Errors in FBR Iris Portal identified by KTBA

Computational Errors in FBR Iris Portal identified by KTBA

Karachi Tax Bar Association (KTBA) has expressed dissatisfaction over the classification of income set in IRIS (portal for e-filing of income tax returns), citing various computational errors and glitches. In a letter sent to the…

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FBR categorically rejected news of extension in date of filing income tax returns

FBR categorically rejected news of extension in date of filing income tax returns

A spokesman for the Federal Board of Revenue has vehemently denied reports in some newspapers of extending the date for filing income tax returns, saying no proposal was being considered at FBR headquarters. Spokesman FBR…

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FBR considering to allow corporate sector a grace period to adopt digital payments

FBR considering to allow corporate sector a grace period to adopt digital payments

Federal Board of Revenue (FBR) is considering allowing the corporate taxpayers a grace period of 40 days to switch over to the digital mode of payments w.e.f. November 1, 2021 under Tax Laws (3rd Amendment)…

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Separate FBR Iris portal for overseas Pakistanis for Income Tax Return filing

Separate FBR Iris portal for overseas Pakistanis for Income Tax Return filing

Federal Board of Revenue (FBR) on Tuesday issues press release and announced that a separate FBR Iris portal has been issued to facilitate non resident Pakistanis (overseas Pakistanis). By considering the issues they are facing…

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FBR grants relaxation in filing of declarations under Assets Declaration Ordinance-2019

FBR grants relaxation in filing of declarations under Assets Declaration Ordinance-2019

The Federal Board of Revenue (FBR) has decided to grant one-time opportunity to the taxpayers who paid their tax under the Assets Declaration Ordinance-2019 but somehow could not file their declarations. For this purpose Federal…

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FBR says No extension in Returns filing date after 30th September 2021

FBR says No extension in Returns filing date after 30th September 2021

Federal Board of Revenue (FBR) Thursday decided for no extension in tax returns filing date after September 30, 2021 to ensure the in-time tax collection in the country. Improvement of tax compliance culture is prime…

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FBR to deny 60 % Input Tax to Non-Integrated Tier-1 Retailers

FBR to deny 60 % Input Tax to Non-Integrated Tier-1 Retailers

Federal Board of Revenue (FBR) in its drive to integrate Tier-1 Retailers across the country, has issued Sales Tax General Order No.2 of 2022 by which a system-based approach has been adopted to integrate non-Integrated…

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FBR to complete the licensing of IT service provider soon for Tier-1 retailers integration

FBR to complete the licensing of IT service provider soon for Tier-1 retailers integration

Federal Board of Revenue (FBR) on Tuesday said that the process of licensing the IT Service Providers for integration of Tier-1 retailers will take time. The FBR issued Rules for licensing of IT Service Providers,…

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Jobs in FBR 2021, FBR Jobs 2021 application form, Last date to apply for FBR jobs 2021, FBR Jobs advertisement

Jobs in FBR 2021, FBR Jobs 2021 application form, Last date to apply for FBR jobs 2021, FBR Jobs advertisement

Applications are invited from eligible candidates against vacant posts in field formations of Inland Revenue, Federal Board of Revenue (FBR) from Pakistani Nationals on local basis in case of vacancies of (BS 1 to 5)…

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FBR denied disinformation about POS Integration drive on social media

FBR denied disinformation about POS Integration drive on social media

Federal Board of Revenue (FBR) has strongly rebutted the malicious disinformation campaign being spread on the social media against the proposed Service Charge @ of Rs.1 to be collected on all invoices issued by Tier-1…

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