Return filing for tax year 2019 must for salary income above Rs400,000

KARACHI: Persons having salary income above Rs400,000 are required to file income tax returns for tax year 2019 as slabs revised through Finance Act, 2019 will be applicable for tax year 2020,... Read more »

Income tax return filing hits new record high

KARACHI: Income tax return filing has increased to a new record high of 2.76 million as people making compliance to avoid 100 percent additional tax on persons not appearing on Active Taxpayers... Read more »

Tax return to be valid on submission of relevant information

KARACHI: Submission of relevant particulars or information shall make a return of income a valid document. Read more »

FBR extends return filing date up to January 31

ISLAMABAD: Federal Board of Revenue (FBR) granted fifth extension for filing income tax return for tax year 2019 up to January 31, 2019. Read more »

Will FBR further extend return filing date to match record?

KARACHI: Today i.e. December 31, 2019 is the last date for filing income tax returns for tax year 2019 and Federal Board of Revenue (FBR) may not able to reach 2.74 million... Read more »

Procedure to get extension for filing return, statement

KARACHI: In case a person unable to file annual return and wealth statement by due date the he/she has right to get extension in date on various grounds by furnishing an application... Read more »

Return filing due date Dec 31 for all taxpayers

KARACHI: The income tax return filing date for tax year 2019 is December 31, 2019 for all types of taxpayers, which is unusual considering past years. Read more »

No tax on cash withdrawal from banks on active taxpayers: FBR

ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday said that there is no tax on cash withdrawal from banks for those whose names are on the Active Taxpayers List (ATL). Read more »

Tax return filing hits new record at 2.73 million

KARACHI: The income tax return filing touches to a new record high of 2.73 million as people making compliance to avoid 100 percent additional tax on persons not appearing on Active Taxpayers... Read more »

FBR asks professionals to declare annual income, assets

ISLAMABAD: Federal Board of Revenue (FBR) has asked professional bodies of doctors, lawyers, engineers etc. to pursue their members for file mandatory declarations of income and assets. Read more »

FBR grants fourth extension to file returns for tax year 2019

ISLAMABAD: Federal Board of Revenue (FBR) on Monday granted fourth extension for filing annual income tax returns for tax year 2019 up to December 31, 2019. Read more »

Another date extension expected for filing returns tax year 2019

ISLAMABAD: Tax managers and experts are expecting that the Federal Board of Revenue (FBR) likely to further extend the date for filing annual tax returns for tax year 2019. Today i.e. December... Read more »