Islamabad: The Federal Board of Revenue (FBR) has extended the deadline for filing income tax returns for the year 2018 until April 30, a news source reported.
The board issued a notification to this effect on March 31. This is the fourth extension announced by the FBR for filing the said tax returns, with the previous deadline slated for March 31.
The federal institution reportedly took the decision to facilitate trade bodies, companies and the general public. It has asked citizens to take advantage of the opportunity and file their tax returns within the communicated time window.
FBR will then include filers in its Active Taxpayers’ List (ATL). These taxpayers will be able to avail numerous facilities offered by the government.
Previously, the board issued an ATL on March 1. At present, only those taxpayers whose names are on the list can benefit from the provision of lower withholding tax rates.
