Businesses must file their tax returns on time, says FBR

November 10, 2022 (MLN): The Federal Board of Revenue (FBR) met with senior management of various big organizations and institutions to stress the importance of filing tax returns before the extended due date of 30th November 2022, a press release was issued on Thursday showed.

The FBR has conducted this visit as part of its goodwill gesture and intensive awareness and facilitation drive to inspire eligible taxpayers to file their income tax returns on time.

During the meeting, PR Member listened to the issues and problems related to taxation faced by the tax-paying entities and assured of all possible cooperation for their resolution.

Furthermore, the Finance heads of the Organizations committed to getting their employees, receiving an annual taxable salary, to file their income tax returns for the tax year 2022 within the due date. The PR expressed gratitude to the companies for their positive response and assurances to facilitate the timely filing of their employees' tax returns.

Representatives of various Trade bodies attended the meeting, and member PR stressed upon them to file tax returns to fulfill their national obligation and responsibility and thus contribute to the growth of the country’s economy.

Moreover, the trade bodies also apprised about the issues related to Iris and claims of tax credits. Member PR assured that FBR will continue to extend facilitation for the redressal of their issues.

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