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Lahore: The Federal Board of Revenue (FBR) disclosed that up till October 12, the board has received 2.213 million returns with an additional tax collection of PKR 41.895 billion, according to news published.

Read: Pakistan pursuing policies to enhance foreign investments: BOI

As per the details, the total number of income tax returns filers with the online system was 2.190815 million and the total deposit was PKR 41.397 billion. By October 12, the number of filers rose to 2.213 million with deposits of PKR 41.895 billion.

It is pertinent to mention that the last date to file income tax returns for both new and old taxpayers was September 30; however, an extension was offered for taxpayers because of the technical delays on the last date.

Read: PM order speedy work in SEZ to encourage Chinese investors

In another development, FBR announced that the Export Facilitation Scheme 2021 has been extended to all indirect and direct vendors and exporters to freely move goods from one user to another.

Under this scheme, the export-oriented sector will be facilitated by acquiring duty and tax-free local and imported inputs in a bid to make Pakistani goods competitive.

For more updates, stay tuned to Sky Marketing News!

 

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