FBR likely to extend deadline for filing income tax returns
ISLAMABAD: Federal Board of Revenue (FBR) has set September 30(today) as last...
ISLAMABAD: The Federal Board of Revenue (FBR) has extended the date for filing income tax returns till October 14.
Chairman FBR Rashid Mahmood Langrial chaired a meeting in which it was decided to extend the date of filing income tax returns.
According to sources, the date for filing income tax return has been extended till October 14.
A notification has been issued to extend the date of filing of income tax returns till October 14, which states that the extension is in response to the demands of trade bodies and tax bar associations.
On the other hand, FBR has fulfilled the tax target for September. The tax target of 1098 billion for September increased to 1100 billion.
According to sources, more than 3.5 million people have filed income tax returns so far, doubling the number of people filing tax returns compared to the same period last year.
Earlier, Federal Board of Revenue (FBR) has set September 30(today) as last and final day for submission of income tax returns while government has not yet announced an extension.
It is the last day for submission of income tax returns, the business community is demanding an extension of the date, but no decision has been taken by the government to extend the date.
FBR has started considering extending the date of submission of income tax returns.
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