{"id":68026,"date":"2020-07-19T09:53:00","date_gmt":"2020-07-19T04:53:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=68026"},"modified":"2020-07-17T17:28:06","modified_gmt":"2020-07-17T12:28:06","slug":"fbr-reforms-new-simpler-income-returns-filing-form-to-be-introduced","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-reforms-new-simpler-income-returns-filing-form-to-be-introduced.html","title":{"rendered":"FBR Reforms: \u2018New, simpler\u2019 income returns filing form to be introduced"},"content":{"rendered":"\n<p>Islamabad: Federal Board of Revenue (FBR) Chairman Javed Ghani on Tuesday revealed that the board was working on developing a simple and permanent \u2018income tax return form\u2019 to assist the public, according to news sources.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/fbr-details-construction-industry-relief-package.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR shares details on \u2018historic\u2019 relief package announced for construction industry<\/a><\/p>\n\n\n\n<p>Ghani said that this development is part of the <a href=\"https:\/\/www.zameen.com\/news\/fbr-urges-public-register-complaints-share-feedback-via-helpline.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR<\/a>\u2019s plan to pursue reforms for the next six months and resolve any pending litigation before the superior court on an immediate basis \u2013to recover the tax revenue which is worth billions. This new form will help avoid delays and repeated extensions in the filing of returns.<\/p>\n\n\n\n<p>The chairman was calling on Speaker National Assembly Asad Qaiser, where he also discusses the procedure for a smoother clearance for containers. Following the outbreak of the coronavirus and the lockdown imposed to contain its spread, many containers were stuck at the bordering areas. However, the board is now asking the authorities to allow an increase in the number of human resources needed to clear the backlog.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/fbr-grants-another-deadline-extension-pos-installation.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR grants another deadline extension for POS installation<\/a><\/p>\n\n\n\n<p>Ghani stated that the department is working to bring automation and digitalisation into the tax machinery. He said that tax collection will be made transparent to maximise efficiency, equitable taxation and fair play.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Federal Board of Revenue (FBR) Chairman Javed Ghani on Tuesday revealed that the board was working on developing a simple and permanent \u2018income tax return form\u2019 to assist the public, according to news sources. Read: FBR shares details on \u2018historic\u2019 relief package announced for construction industry Ghani said that this development is part of the FBR\u2019s plan to pursue reforms for the next six months and resolve any pending litigation before the superior court on an immediate basis \u2013to recover the tax revenue which is worth billions. This new form will help avoid delays and repeated extensions in the filing of returns. The chairman was calling on Speaker National Assembly Asad Qaiser, where he also discusses the procedure for a smoother clearance for containers. Following the outbreak of the coronavirus and the lockdown imposed to contain its spread, many containers were stuck at the bordering areas. However, the board is now asking the authorities to allow an increase in the number of human resources needed to clear the backlog. Read: FBR grants another deadline extension for POS installation Ghani stated that the department is working to bring automation and digitalisation into the tax machinery. He said that tax collection&hellip;<\/p>\n","protected":false},"author":75,"featured_media":59990,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[19230,34731,34728],"persona":[],"class_list":{"0":"post-68026","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"tag-federal-board-of-revenue-fbr","9":"tag-income-tax-return-form","10":"tag-simpler-income-returns-filing-form-to-be-introduced","11":"cat-15015-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New, simpler income returns filing form to be introduced - Zameen News<\/title>\n<meta name=\"description\" content=\"FBR Chairman Javed Ghani on Tuesday revealed that the board was working on developing a simple and permanent \u2018income tax return form\u2019 to assist the public\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/fbr-reforms-new-simpler-income-returns-filing-form-to-be-introduced.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New, simpler income returns filing form to be introduced - Zameen News\" \/>\n<meta property=\"og:description\" content=\"FBR Chairman Javed Ghani on Tuesday revealed that the board was working on developing a simple and permanent \u2018income tax return form\u2019 to assist the public\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-reforms-new-simpler-income-returns-filing-form-to-be-introduced.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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