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FBR, tax and senior citizens

September 21, 2013

IT is good to hear that the FBR has extended the date for filing of returns to Oct 31. While the FBR is looking at the draft of the forms to elicit the information, I would request it to show some relaxation to senior citizens who have served for better part of their life.

The senior citizens who have invested in savings certificates are already getting a meagre return on their investment due to the falling rate of profits. They are burdened with rising cost of daily items and hit hard by high medical expenses.

Imposing wealth tax and tax on vehicles will be an extra burden. The government should give some relief to senior citizens.