Showing posts with label Federal Board of Revenue. Show all posts
Showing posts with label Federal Board of Revenue. Show all posts

Wednesday, July 15, 2026

KCCI Clarifies No Extension in FBR Biometric Verification Deadline Under SRO 350


The Karachi Chamber of Commerce and Industry (KCCI) has issued an important circular for its members, clarifying that the Federal Board of Revenue (FBR) has not extended the deadline for biometric verification required under SRO 350.

According to the KCCI, the deadline for completing biometric verification remains July 31, 2026. The Chamber advised members not to rely on unverified reports circulating on social media or other platforms claiming that the deadline has been extended or revised.

The KCCI further stated that the growing number of simultaneous biometric verification requests has placed significant pressure on the system, resulting in server congestion and operational disruptions. To help avoid unnecessary delays and technical issues, members have been advised not to rush the process at the same time.

Instead, businesses and taxpayers are encouraged to complete their biometric verification at their convenience before the July 31, 2026 deadline to ensure compliance with FBR requirements under SRO 350.

The Chamber emphasized that timely completion of the verification process will help members avoid last-minute complications while ensuring smooth compliance with tax regulations.

Tuesday, June 20, 2023

Finance Minister Chairs a Meeting at FBR to remove discrepancies in the Finance Bill-2023


Federal Finance Minister Mr. Mohammad Ishaq Dar visited the Federal Board of Revenue Headquarters today and chaired a meeting to review the suggestions submitted by the Anomaly Committee-Business and Anomaly Committee-Technical to remove discrepancies identified in the Finance Bill-2023.

It may be noted that Chairman FBR Mr. Asim Ahmad constituted the two Committees on June 13, 2023, to identify and remove the business and technical-related anomalies identified in the Finance Bill-2023 and present recommendations to FBR for removal of the same.

The meeting was also attended by Special Assistant to the PM on Finance Mr. Tariq Bajwa, Chairman FBR, and senior officials from the Revenue Division and Finance Ministry.
The Finance Minister reviewed the suggestions given by both Committees and said that practicable recommendations will be incorporated into the Finance Bill-2023.