LAHORE: The Lahore Chamber of Commerce & Industry has urged the Ministry of Finance and Federal Board of Revenue (FBR) to extend the date for the filing of income tax return at least till December 31 as there is a huge decline in the number of filers.
In a statement issued here, the LCCI President Malik Tahir Javaid and Vice President Zeshan Khalil said that business community always want to perform its national obligations but due to problems in FBR IRIS system, a large number of businessmen could not file their returns within the given timeframe.
The LCCI office-bearers said that extension in the date for the filing of will not only be a great favor to the business community but will also be in favor of the government. They said that extension in the date for the filing of income tax returns will help government to achieve its revenue target besides trust building of the private sector.
They said that an extension in the date of filing of income tax returns would not only facilitate the business community but it would also send a very positive signal about private-public sector liaison.
“Extension in the date for the filing of income tax return till December 31 will give a good message that government honors the business community”, the LCCI office-bearers concluded.
