Govt Approves Rs. 4 Billion for FBR Despite Shocking Issues in IRIS Portal
The Economic Coordination Committee (ECC) on Thursday approved a Rs. 4 billion Technical Supplementary Grant (TSG) for Pakistan Revenue Automation Limited (PRAL) to support the restructuring and implementation of the Federal Board of Revenue’s (FBR) Transformation Plan.
The funding was approved on a summary submitted by the Revenue Division during the ECC meeting despite recent issues reported in the tax collector’s IRIS portal. The 2026 return filing season is officially ending on October 15, 2026.
PRAL provides technology and automation support to FBR, including systems used for tax administration. The grant is aimed at FBR’s efforts to upgrade its digital infrastructure and transform its revenue collection system.
FBR has faced persistent issues with its IRIS tax system, including disruptions and difficulties reported by taxpayers and tax professionals.
ECC also approved an amendment to SRO 693(I)/2006 concerning Additional Customs Duty on locally manufactured tyres, with the measure aimed at supporting domestic manufacturing.
Separately, the committee approved a financing framework developed by the State Bank of Pakistan to bring eligible Agency Financial Institutions under existing risk coverage schemes for small enterprises and small farmers.
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