ISLAMABAD: The Federal Board of Revenue (FBR) has extended the date for filing income tax returns to October 31.
The deadline has been extended keeping in view the demand of the business community. The news was announced by the newly appointed Federal Minister for Finance and Revenue Ishaq Dar during his maiden press conference in Islamabad.
During the press conference, he revealed that the tax collection body has received Rs685 billion in tax returns during the month of September.
It was also learnt that in the first quarter (July – September) of the fiscal year 2022-23, the FBR has collected Rs1,609 billion — more than the targeted amount.
Meanwhile, Rs84 billion refunds have been issued so far.
During the press conference, the finance minister also announced the price of petroleum products for the next fortnight.
Saudi minister says number of MoUs increased from 27 to 34 to add $600 million in investment
Decision will see minimum wage rise to £12.21 per hour from £11.44 in April next year
Market's decline mostly due to profit-taking as the PSX had "risen so sharply" in recent days, says analyst
Policy-based loan to support Islamabad to scale up disaster risk financing using risk-layered approach, says ADB
KSE-100 shares index surged by 1,163 points to hit new intraday high of 91,358.15 points
Expectations of potential rate cut and robust earnings fuelled upward momentum, analysts say
