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    Home»Business»FBR called on to extend return date in case of trouble
    Business

    FBR called on to extend return date in case of trouble

    newsupdatetimesBy newsupdatetimesSeptember 30, 2024Updated:September 30, 2024No Comments
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    KARACHI: As the Federal Board of Revenue (FBR) has recommended using the IRIS website to file tax returns and verify tax deductions, businesses in the community are still facing issues in filing tax returns. Some traders have complained to the chamber that the FBR’s taxreturn filing portal is not working properly. Due to this, tax documents are still cumbersome for common people. Screenshots of the IRIS portal error and FBR server unavailability were also shared. Months based on special conditions to help the system manage high volume and traffic. 

    It is in the country’s interest to help as many citizens as possible file their tax returns. He added that the more inclusive, legal and documented Pakistan’s economy is, the more open it will be to external financing from international financial institutions and lenders. Reduce human involvement, save taxpayers’ time and resources, reduce data errors, improve process and efficiency, and reduce complaints, evasions and vice versa. 

    One important step has been omitted: the deadline for filing returns under section 34A(2)(e), (3) and (4), which states that electronic returns and the return book must be prepared and filed by 1 January 2024.

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