FBR receives 2.2m income tax returns
Business Recorder • • 1 min read

According to Business Recorder, the Federal Board of Revenue has received 2.2 million income tax returns, compared with 1.724 million filed in the same period last year. The information was shared with a delegation of the Karachi Tax Bar Association during a meeting in Karachi, chaired by FBR Chairman Rashid Mehmood Langrial. Talks also focused on ways to ease filing for taxpayers and promote voluntary compliance.
The association argued that the authority's demand for fuller details on forms has lengthened the time needed for accurate filings, and it requested extra time so taxpayers can meet the wider reporting requirements. It also welcomed the digital drive but said it has to go hand in hand with ongoing awareness campaigns aimed at taxpayers. Separately, it said field units had started imposing penalties on some service-sector taxpayers, and asked that these cases be reviewed individually and leniently so that compliance is promoted instead of undermined.
At a glance
- FBR has received 2.2 million income tax returns, against 1.724 million in the same period last year.
- Karachi Tax Bar Association sought more time for taxpayers to meet expanded reporting requirements.
- Penal action against some service-sector taxpayers drew a request for lenient, case-by-case assessment.
Originally reported by Business Recorder
This page is Investify's own summary. The full report, with all details and context, is on the publisher's site.
Read the full storyWant the full article here?
Log in to read the full article in the Investify reader, in English or Urdu.
Investify summarizes Pakistan Stock Exchange news in its own words and links each story to its original publisher. We always credit the source so you can read the full report and verify the details before making financial decisions.
More PSX market news
Step-by-step guide: How to amend or cancel FBR e-invoice after 72 hoursBR• 8 Nov 2026
Oil and gas companies highlight community welfare investments at PPEPCA conferenceProfit• 8 Nov 2026
Sindh governor seeks industry support to create jobs for Balochistan youthProfit• 8 Nov 2026
Power Division clarifies Rs25.30 per unit rate applies only to incremental electricity consumptionProfit• 8 Nov 2026
GTR Tyres to explore export opportunities at Automechanika Dubai 2026Profit• 8 Nov 2026
PM approves final draft of new auto policy, sends it for Cabinet considerationProfit• 8 Nov 2026

