FBR urged to extend filing date to Dec 31

Published October 26, 2014
FCCI urges Ishaq Dar to extend deadline for filing of income tax returns. – Photo by APP
FCCI urges Ishaq Dar to extend deadline for filing of income tax returns. – Photo by APP

KARACHI: The Federa­tion of Pakistan Chambers of Commerce and Industry (FPCCI) urged Finance Minister Ishaq Dar on Saturday to extend the deadline for filing of income tax returns to Dec 31 from Oct 31.

FPCCI President Zakaria Usman said in a statement that taxpayers were facing many issues in filing tax returns on Federal Board of Revenue’s (FBR) website.

The newly launched e-filing system, IRIS, “is malfunctioning”, he said, adding that the old e-filing system under ‘ITR’ was better.

He also listed around 19 issues and problems being faced by taxpayers. He said that many a time the IRIS software did not even accept Normal Tax Regime and Final Tax Regime which should be automatically calculated by the system.

Published in Dawn, October 26th, 2014

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Editorial

Ominous demands
Updated 18 May, 2024

Ominous demands

The federal government needs to boost its revenues to reduce future borrowing and pay back its existing debt.
Property leaks
18 May, 2024

Property leaks

THE leaked Dubai property data reported on by media organisations around the world earlier this week seems to have...
Heat warnings
18 May, 2024

Heat warnings

STARTING next week, the country must brace for brutal heatwaves. The NDMA warns of severe conditions with...
Dangerous law
Updated 17 May, 2024

Dangerous law

It must remember that the same law can be weaponised against it one day, just as Peca was when the PTI took power.
Uncalled for pressure
17 May, 2024

Uncalled for pressure

THE recent press conferences by Senators Faisal Vawda and Talal Chaudhry, where they demanded evidence from judges...
KP tussle
17 May, 2024

KP tussle

THE growing war of words between KP Chief Minister Ali Amin Gandapur and Governor Faisal Karim Kundi is affecting...