FBR urges FPCCI to push retailers scheme to widen tax base

News Image

MG News | September 10, 2026 at 10:36 AM GMT+05:00

September 10, 2026 (MLN): The Federal Board of Revenue (FBR) has requested the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) leaders to effectively campaign for the retailers scheme so that the tax base can be broadened and the tax burden on already compliant taxpayers can be shared.

FBR Chairman Rashid Mahmood Langrial met with a delegation of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in Karachi as part of his monthly visit to the city.

The delegation was led by Saquib Fayyaz Magoon and included senior office bearers and business leaders, while the Chairman was accompanied by Member Inland Revenue (Operations), Member Customs (Operations), and senior FBR officers, said a press release issued.

The meeting was held as a follow-up to an earlier session to review progress on matters discussed previously.

The FPCCI delegation appreciated the Chairman's initiative of making monthly visits to Karachi, describing it as a positive step reflecting the government's commitment to sustained, direct engagement with the business community, and noted that such regular interaction had significantly improved communication between FBR and trade bodies, allowing issues to be raised and addressed in a timely manner.

The delegation acknowledged that the majority of issues raised in the previous meeting had been resolved through the efforts of Member Operations (Inland Revenue and Customs) and their respective teams, terming this responsiveness encouraging for the business community.

The delegation stressed the need for continued follow-up on remaining outstanding matters and raised a few new issues, including certain classification matters and old income tax refunds.

The Chairman and his team assured the delegation that all issues, both pending and newly raised, would be taken up on a priority basis and resolved in consultation with the concerned representatives of the Chambers and FBR wings.

The Chairman reiterated FBR's commitment to a facilitative and responsive approach toward the business community, saying regular engagement with trade bodies including FPCCI would continue to promptly address taxpayer concerns and strengthen trust between the tax administration and the business community.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 163,924.32
118.89M
-1.21%
-2006.67
ALLSHR 99,526.88
364.30M
-1.08%
-1083.61
KSE30 48,313.81
50.96M
-1.53%
-750.07
KMI30 235,637.18
55.46M
-1.36%
-3247.37
KMIALLSHR 64,683.09
191.88M
-0.90%
-587.30
BKTi 45,181.21
14.21M
-1.56%
-715.82
OGTi 33,395.61
3.57M
-0.82%
-277.39
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 81,275.00 84,945.00
80,845.00
-3340.00
-3.95%
BRENT CRUDE 113.30 113.45
109.81
4.48
4.12%
RICHARDS BAY COAL MONTHLY 128.50 0.00
0.00
-1.55
-1.19%
ROTTERDAM COAL MONTHLY 147.10 0.00
0.00
1.80
1.24%
USD RBD PALM OLEIN 1,167.50 1,167.50
1,167.50
0.00
0.00%
CRUDE OIL - WTI 99.44 100.17
97.72
2.29
2.36%
SUGAR #11 WORLD 20.13 20.64
20.10
-0.32
-1.56%

Chart of the Day


Latest News
October 22, 2026 at 11:53 PM GMT+05:00

Diesel price rises Rs1.64, petrol falls Rs1.60 per litre


October 22, 2026 at 11:52 PM GMT+05:00

SBP reserves rise $19m to $21.5bn


October 22, 2026 at 11:52 PM GMT+05:00

PSX moves Crestwell Healthcare from Power to Pharmaceuticals


October 22, 2026 at 08:18 PM GMT+05:00

Pakistan as an Emerging Power in Global Minerals


October 22, 2026 at 06:19 PM GMT+05:00

SCRA balance rises by Rs9.7bn during week



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg