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 approval came through a summary submitted by the Revenue Division, despite ongoing issues with FBR’s IRIS tax filing system. The 2026 income tax return filing deadline is October 15, 2026.

PRAL provides technology and automation services to FBR, including systems supporting tax administration and revenue collection. The newly approved funding will be used to support the digital infrastructure and technology requirements of FBR’s transformation program.

FBR’s IRIS portal has faced repeated disruptions and other technical difficulties, with taxpayers and tax professionals reporting problems while using the system, particularly during the filing season.

The ECC also approved an amendment to SRO 693(I)/2006 related to Additional Customs Duty on locally manufactured tyres, with the measure intended to support domestic manufacturing.

Separately, the committee approved a State Bank of Pakistan financing framework to bring eligible Agency Financial Institutions under existing risk coverage schemes for small enterprises and small farmers.