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FBR

Tax Year 2026 Module Change Proposed

Karachi Chamber of Commerce and Industry President Talat Mahmood has urged the Federal Board of Revenue to fix an IRIS portal restriction affecting taxpayers who have returned to Pakistan after a period of non-residency. He proposed a targeted change to the Tax Year 2026 Wealth Reconciliation module, allowing eligible taxpayers to enter an opening wealth balance for years in which they were not required to file Wealth Statements.

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FBR

FBR Data Shows Nearly 12 Million Filed Returns for One-Time Transactions

Federal Board of Revenue data indicates that nearly 12 million people filed income tax returns only to complete one-time financial transactions, such as buying or selling property or vehicles. FBR sources say around 7.5 million taxpayers file returns regularly, while the system continues to issue notices to registered individuals. Sources also suggested reviewing filing requirements for people with no income.

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FBR

Taxpayer Seeks ATL Restoration From FTO

A senior citizen taxpayer receiving income through a Bahbood or pensioner certificate says the Federal Board of Revenue marked him inactive on November 1, 2026, while his tax-computation complaint and extension request were still pending. The taxpayer has approached the Federal Tax Ombudsman, alleging maladministration and seeking restoration of his Active Taxpayer List status without late-filer treatment, surcharges, penalties or coercive action. The complaint also asks for correction of IRIS tax calculations involving section 4AB and clause (6), a reasoned response to pending applications, public clarification for affected taxpayers, and action against responsible officials. The FTO has been asked to seek a report from the FBR.

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FBR

Imported Phone Tax Gets Monthly Payment Option

The Federal Board of Revenue has introduced monthly instalments for sales tax on imported mobile phones registered through DIRBS. Individuals can choose instalment payments when applying, including international travellers, local applicants and people importing phones by post or courier. Instalments will be divided equally across the months remaining in the financial year, including the application month. Phones imported in June must have the full sales tax paid by the end of that month.

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