Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Angel Reese breaks WNBA record with 26 rebounds in Dream’s win over Sparks | Basketball News

    August 25, 2026

    ‘Significant progress’: Islamabad, Tehran discuss Hormuz reopening, ‘expedited’ end to Iran-US conflict

    August 25, 2026

    Barbara Eden remembers late Shelley Fabares: ‘It was more fun than work’

    August 25, 2026
    Facebook X (Twitter) Instagram
    • Home
    • Politics
    • News
    • Magazines
    Facebook X (Twitter) Instagram
    Login
    22Media22Media
    Subscribe
    • Home
    • News
      • Pakistan News
      • World News
      • Amazing News
      • Only On 22
    • Sports
    • Bussiness
    • Innovation
      • Health & Sciences
      • Technology
    • Culture
      • Crime & Justice
      • Entertainment
    • Politics
    • Magazines
    • Weather
    • Video
    • Live
    22Media22Media
    Home»Innovation»Technology»FBR streamlines sales tax registration for low-risk businesses
    Technology

    FBR streamlines sales tax registration for low-risk businesses

    22febdm@gmail.comBy 22febdm@gmail.comAugust 25, 2026No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    ISLAMABAD: The Federal Board of Revenue has introduced new measures to expedite sales tax registration for low-risk businesses, aiming to reduce processing times and improve transparency, officials said.

    Under Sales Tax General Order No. 20 of 2026, applications submitted through the IRIS online portal will be subject to risk-based screening. Applicants deemed low-risk will be processed within three working days, provided all required documents are complete, according to the FBR.

    The board directed field offices not to request additional documents unless legally required, necessary for verification or flagged by the automated risk system.

    To assist manufacturers, the FBR said it would work with sectoral associations under the Federation of Pakistan Chambers of Commerce and Industry to issue pre-registration certificates to members. The certificates will confirm that the applicant is engaged in manufacturing, that the business premises are identifiable and that the information matches association records. The certificates will be sent electronically to local registration offices along with other required documents.

    The FBR clarified that the certificates are intended solely to speed up verification and do not replace legal requirements or confer any exemptions. Associations could be held liable if false information is discovered during physical inspections, the board said. Local registration offices must conduct on-site verification of manufacturers within three working days.

    Applications flagged as high-risk will continue to face stricter scrutiny, including pre- and post-verification, the FBR said. Even low-risk registrations may be rechecked later if irregularities are detected.

    Under the new step-by-step procedure, all IRIS applications will be screened by the risk-based system. If an application is incomplete, the applicant must be notified within seven days with specific details on missing information, required corrections and the time allowed to address deficiencies, the order states. The FBR instructed officials to avoid vague or general objections and said applications should proceed once missing information is provided without requiring applicants to restart the process.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    22febdm@gmail.com
    • Website

    Related Posts

    Selena Gomez supports Benny Blanco’s wild five-day pizza weight loss experiment

    August 25, 2026

    New Zealand proposes social media ban for under-16s

    August 24, 2026

    YouTube Premium prices to rise up to 15% from September

    August 24, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Demo
    Our Picks
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss
    World News

    Angel Reese breaks WNBA record with 26 rebounds in Dream’s win over Sparks | Basketball News

    By 22febdm@gmail.comAugust 25, 20260

    Reese broke Chamique Holdsclaw’s record of 24 rebounds and added 11 points for her 27th…

    ‘Significant progress’: Islamabad, Tehran discuss Hormuz reopening, ‘expedited’ end to Iran-US conflict

    August 25, 2026

    Barbara Eden remembers late Shelley Fabares: ‘It was more fun than work’

    August 25, 2026

    Five road workers killed in deadly Pishin terror attack

    August 25, 2026

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    22Media
    Facebook Instagram YouTube WhatsApp
    • Home
    • Politics
    • News
    • Magazines
    © 2026 22Media. Designed by AleemSoft Hub.

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?