Certain individual taxpayers: IRIS portal creating difficulties: KCCI

The Karachi Chamber of Commerce and Industry has asked the Federal Board of Revenue to change an IRIS portal restriction affecting some taxpayers returning to Pakistani tax residency. In a letter to FBR, KCCI President Talat Mahmood requested a Tax Year 2026 adjustment to the Wealth Reconciliation module, allowing eligible filers to enter an opening wealth balance when they were not required to submit statements in intervening years.

At present, the portal carries forward the balance from the last Wealth Statement and does not permit an update. KCCI says this can complicate filings for people who filed for Tax Year 2023, were non-resident in 2024 and 2025, and became resident again in 2026. The chamber says the requested change should apply only to those not legally required to file during the gap, and has asked FBR and Pakistan Revenue Automation to address the issue during current filing requirements.