The Federal Board of Revenue (FBR) has extended the deadline to file annual income tax returns and wealth statements till November 30, 2018.
September 30 was the last date for filing the returns but the Pakistan Tax Bar Association (PTBA), in a letter to the FBR chairperson, had sought an extension in the deadline. The PTBA had stated that tax return forms were uploaded on August 17 after amendments and it was difficult to file tax returns in 11 days. The PTBA had sought for the deadline to be extended to October 16. All those whose annual salary from July 1, 2017 to June 30, 2018 is above Rs 400,000 are required to file income tax returns along with wealth statement for the financial year 2017-18. Usually, the FBR extends the deadline many times a year to encourage people to file their returns.
Published in Daily Times, October 1, 2018.
