Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

Good news for income tax return filers after FBR decision

byCT Report
17/10/2023
in Breaking News, Islamabad, Latest News, Slider News
Share on FacebookShare on Twitter

ISLAMABAD: Good news for manual income tax return filers! They will now enjoy the same tax benefits as those who file electronically.

The Federal Tax Ombudsman (FTO) has made this decision which means manual filers will be eligible for lower withholding tax rates, just like electronic filers.

You might also like

Wheat, flour prices expected to decline after imported wheat arrives

29/10/2026

Pakistan & China to operationalize Green Channel at Sost-Khunjerab Border

29/10/2026

This change happened because a tax lawyer Waheed Shahzad Butt raised a concern about the unfair treatment of manual tax filers compared to electronic ones, as reported by Pro Pakistani.

The FTO looked into this matter and talked to key officials from the Federal Board of Revenue (FBR) to solve it.

The problem was that the FBR was leaving out the income tax returns filed manually for Tax Year 2022 from the Active Taxpayer List (ATL), even when they were filed on time.

This was against the rules and not fair to taxpayers. Fortunately, after some discussions, they found a solution without going to court.

The FTO’s decision says the FBR must set up a system and rules to make sure that all return filers for the current tax year are listed as active in the ATL according to the board’s rules.

At the start of October, FBR extended the deadline for filing tax returns by a month.

In a post close to midnight on its X account, the board wrote that it was taking the decision to extend the last date for filing tax returns to October 31 at the demand of trade bodies and various tax bar associations.

How to file income tax returns in Pakistan: step-by-step guide (2023)

The previous deadline was September 30, and the revenue had categorically announced that the date was not being extended. However, in a late night decision, it decided to give in to the various demands.

However, it also stressed in the latest post that no further extension for filing of tax returns would be granted.

Related Stories

Wheat, flour prices expected to decline after imported wheat arrives

byCT Report
29/10/2026

KARACHI: A ship carrying 51,000 tonnes of imported wheat has arrived at Karachi Port, raising hopes of a decline in...

Pakistan & China to operationalize Green Channel at Sost-Khunjerab Border

byCT Report
29/10/2026

KHUNJRAB: An online signing ceremony for the operationalization of the Green Channel at the Sost-Khunjerab Border for agricultural and allied...

APTMA slams FBR over 40-hour customs clearance delays

byCT Report
29/10/2026

LAHORE: The All Pakistan Textile Mills Association (APTMA) has urged the Federal Board of Revenue (FBR) to review its Faceless...

KPT handles bulk wheat cargo at KGTML

byCT Report
29/10/2026

KARACHI: Karachi Port Trust (KPT) informed that a bulk cargo of imported wheat weighing over 50 thousand metric tons has...

Next Post

Banking Mohtasib provides Rs972m monetary relief to customers

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.