ISLAMABAD: A delegation of businessmen held a meeting with the Federal Board of Revenue (FBR) Chairman, Rashid Mehmood Langrial in Islamabad and discussed with him the issue of tax returns filed after October 31, 2026, it was reported on Tuesday.
Talking with businessmen, Federal Board of Revenue Chairman Rashid Mehmood Langrial said that FBR approved 196,000 tax applications. He further stated that number of tax filers is likely to reach 82,00,000.
Tea importers raised concerns over the Federal Board of Revenue’s (FBR) recent decision to set a minimum retail price (MRP) of Rs1,200 per kg and additional taxes, fearing a price hike and an increase in smuggled tea entering the market.
