ISLAMABAD, Dec 23: Federal Board of Revenue (FBR) has directed all its customs houses and field formations to remain open on Dec 25 and Dec 28 to ensure clearance of imports and exports.

An official statement issued here on Tuesday said the chief collector (customs) North, Lahore, and chief collector (customs) South, Karachi have been directed to coordinate with the National Bank of Pakistan and the port authorities for uninterrupted clearance of imports and exports.

Meanwhile, Member Direct Taxes Irfan Nadeem has said there would be no extension of date for the e-filing of income tax returns for the corporate sector. He said the taxpayers in the corporate sector seeking to file their income tax returns must use the e-filing mode and the last date for them to do so will not be extended beyond Dec 31.

Similarly, the FBR has decided not to extend the last date (Dec 31) for those wanting to apply for the tax investment scheme whereby individuals can declare their undeclared assets by paying only two per cent of the fair market value of their assets, he added.

He said already sufficient time had been given to people wanting to benefit from the tax investment scheme, which would expire by the end of the current month.