FBR reiterates not to extend return filing date

FBR reiterates not to extend return filing date

The Federal Board of Revenue (FBR) has reaffirmed its commitment to the September 30, 2021 deadline for filing annual tax returns, emphasizing the importance of improving the tax compliance culture in the country.

In a statement issued on Friday, the FBR underscored its active efforts to enhance tax compliance with the cooperation of taxpayers.

Last year, the decision not to extend the deadline for filing returns received an overwhelming response from taxpayers. Building on this momentum, the FBR operationalized the Iris portal for filing returns on July 1, 2021, aiming to provide a user-friendly platform for compliant taxpayers.

The FBR’s appeal comes as the deadline for filing annual returns approaches, urging all taxpayers required to submit their returns by September 30, 2021, to fulfill their legal obligations promptly. The tax authority encourages taxpayers not to wait until the last date to avoid potential system delays, which often occur when a large number of taxpayers log in for submission near the deadline.

It is essential for taxpayers to understand that the FBR has reiterated that there will be no extension granted in the due date for filing income tax returns. The adherence to the specified deadline aligns with the government’s goal of fostering a responsible tax compliance culture and ensures a smooth and efficient processing of returns through the online portal.

The FBR’s proactive measures, including the early activation of the Iris portal, aim to facilitate taxpayers and streamline the filing process. By encouraging timely compliance, the tax authority aims to create a more efficient and responsive tax system that benefits both the government and taxpayers.

As the September 30 deadline approaches, taxpayers are urged to take advantage of the available time and submit their annual returns promptly, contributing to the overall improvement of the tax compliance landscape in Pakistan.