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No Extension To Imminent Pakistan Filing Deadline

by Mary Swire, Tax-News.com, Hong Kong

28 November 2016


Pakistan's Federal Board of Revenue announced on November 16, 2016, that it will not further extend the filing deadline for income tax returns from salaried employees, individuals, association of persons, and companies.

The regular filing date was due on August 31, but the deadline was subsequently extended till November 30. The FBR said that a further extension will not be granted as the portal for filing electronic income tax returns is working smoothly.

The FBR warned taxpayers to file their income tax returns to avoid the consequences for those who fail to file or file returns late, including higher rates of withholding taxes, penalties, and compulsory selection for audit under the relevant provisions of the Income Tax Ordinance.

TAGS: individuals | Pakistan | compliance | tax | business | tax compliance | law | employees | audit | tax authority | withholding tax | penalties | Tax

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