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Home Business & Stock

FBR extends deadline for filing tax returns till October 15

MM News Staff by MM News Staff
September 30, 2021
Reading Time: 1 min read
Earlier, FBR refused to extend the deadline. (Source: APP)

Earlier, FBR refused to extend the deadline. (Source: APP)

ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday extended the last date for filing income tax returns until October 15 to facilitate taxpayers.

The previous extension in the deadline for filing tax returns expired on September 30, 2021. Several media outlets have reported that Finance Minister Shaukat Tarin decided to extend the date considering the constant demands from the business community.

The Karachi Chamber of Commerce and Industry (KCCI) said that the finance minister has given a 15 day extension to the people and businessmen to file tax returns.

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The business delegation highlighted the issues faced by the tax filers and also shared their concerns regarding other taxes as well during the meeting with the Finance Minister.

Earlier, the Federal Board of Revenue had said it would not extend the deadline for people seeking to file their income tax returns.  An FBR official announcement said the last date of filing of income tax returns for individuals, associations of persons and companies having special tax year is Sept 30, 2021.

“The system is working seamlessly and around 150,000 returns were filed on September 28 which was the highest ever number filed in a single day. In the meantime, FBR, like last year has enhanced its system capacity to provide seamless services to the taxpayers,” the statement said.

 

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