FBR extends deadline for sales tax return filing

By: News Desk
Published: 03:51 AM, 16 Apr, 2024
FBR extends deadline for sales tax return filing
Stay tuned with 24 News HD Android App
Get it on Google Play

The Federal Board of Revenue (FBR) has announced a four-day extension in the deadline for the submission of tax returns, reported 24NewsHD TV channel Monday.


According to a notification issued by the chief commissioner of Inland Revenue, taxpayers now have until April 22 to submit their sales tax and federal excise returns, instead of the previous deadline of April 18.


This decision comes as a relief for taxpayers who may require additional time to gather the necessary documentation and ensure accurate submission of their returns.


The extension aims to streamline the tax filing process and provide individuals and businesses with ample opportunity to fulfill their tax obligations without facing undue pressure.


The Inland Revenue chief commissioner has instructed all field formations of the FBR to disseminate information about the extended deadline and ensure compliance with the revised submission timeline.


Taxpayers are encouraged to take advantage of this extension and promptly submit their returns to avoid any potential penalties or legal complications. The FBR remains committed to facilitating taxpayers and promoting voluntary tax compliance to strengthen the country's revenue generation efforts.

Categories : Business