FBR Extends Deadline for Tax Return Filings 2024

The Federal Board of Revenue (FBR) has responded to increase the closing date for filing earnings tax returns to 22 April 2024 in response to the appeals of many alternate associations.

The closing date become at the beginning scheduled for April 18 however it’s been not on time to allow taxpayers who need extra time to complete their packages.

The FBR announced in a statement that the decision was made as a result of the trade body’s constant requests demonstrating a cooperative effort to guarantee a seamless tax filing procedure.

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The agency stressed how crucial it is that taxpayers take advantage of this chance to quickly complete their obligations.

This extension is in keeping with the FBR mission to support taxpayers and encourage conformity. Individuals and businesses are given the required flexibility to manage the tax filing procedures without excessive strain by offering an extended window.

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Furthermore, in light of the extended deadline, the FBR has stepped up efforts to effectively tackle tax evasion. Insider knowledge from the bureau said that final letters will be sent in the next several days to traders, industrialists, and those who avoid taxes. These letters are intended to deal with situations in which people own multiple assets or run businesses off books to avoid paying taxes.

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In its pursuit to avoid tax evasion and maintain an equitable and open tax system the FBR is unwavering in its efforts. Taxpayers are encouraged to take advantage of this chance to complete their civic duties and support the country economic growth as the deadline draws near.