{"id":80183,"date":"2021-10-01T11:03:09","date_gmt":"2021-10-01T06:03:09","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=80183"},"modified":"2021-10-01T11:03:09","modified_gmt":"2021-10-01T06:03:09","slug":"fbr-15-day-extension-income-tax-returns","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-15-day-extension-income-tax-returns.html","title":{"rendered":"FBR grants 15-day extension in income tax returns\u2019 submission deadline"},"content":{"rendered":"\n<p>Islamabad: The Federal Board of Revenue (FBR) on Thursday (September 30) extended the deadline to file income tax returns by 15 days, news sources reported. The new deadline is set to expire on October 15.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/fbr-clarifies-non-filers-penalty-brackets.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR clarifies penalty brackets for non-filers<\/a><\/p>\n\n\n\n<p>According to an FBR spokesperson, the extension was granted due to a (now-resolved) technical problem in the <a href=\"https:\/\/www.zameen.com\/news\/online-tax-returns-portal-working.html\" data-type=\"post\" data-id=\"80150\" target=\"_blank\" rel=\"noreferrer noopener\">FBR&#8217;s IRIS E-filing system<\/a>, and due to the popular demand from traders and businesses from all over the country.\u00a0 In addition, the FBR released data on income tax returns submitted by September 30, which totalled PKR 1.850 million so far. The board also released tax collection figures for the first quarter of the current fiscal year, which shows an increase of 38% compared to the same period last year.\u00a0<\/p>\n\n\n\n<p> <strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/online-tax-returns-portal-working.html\">Online tax r<\/a><a href=\"https:\/\/www.zameen.com\/news\/online-tax-returns-portal-working.html\" target=\"_blank\" rel=\"noreferrer noopener\">e<\/a><a href=\"https:\/\/www.zameen.com\/news\/online-tax-returns-portal-working.html\">turns submission portal working seamlessly, deadline today: FBR<\/a><\/p>\n\n\n\n<p>The data released by the apex tax agency showed a total tax revenue collection of PKR 1.395 trillion, a PKR 186 billion increase from the set target of PKR 1.211 trillion for the first quarter of fiscal year (FY 2021-22). In September alone, the tax collection rose by 31.2% as compared to the tax collection in the same period last year. \u00a0 As per the board\u2019s information, the major share of taxes was collected from the import sector that contributed 52%, while the taxes from other sectors was 48% of the total collection. According to the FBR, the <a href=\"https:\/\/www.zameen.com\/news\/fbr-surpass-tax-collection-target-2020-21.html\" data-type=\"post\" data-id=\"77518\" target=\"_blank\" rel=\"noreferrer noopener\">government has set a total target of PKR 5.829 trillion<\/a> for the fiscal year 2021-22.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) on Thursday (September 30) extended the deadline to file income tax returns by 15 days, news sources reported. The new deadline is set to expire on October 15. Read: FBR clarifies penalty brackets for non-filers According to an FBR spokesperson, the extension was granted due to a (now-resolved) technical problem in the FBR&#8217;s IRIS E-filing system, and due to the popular demand from traders and businesses from all over the country.\u00a0 In addition, the FBR released data on income tax returns submitted by September 30, which totalled PKR 1.850 million so far. The board also released tax collection figures for the first quarter of the current fiscal year, which shows an increase of 38% compared to the same period last year.\u00a0 Read: Online tax returns submission portal working seamlessly, deadline today: FBR The data released by the apex tax agency showed a total tax revenue collection of PKR 1.395 trillion, a PKR 186 billion increase from the set target of PKR 1.211 trillion for the first quarter of fiscal year (FY 2021-22). In September alone, the tax collection rose by 31.2% as compared to the tax collection in the same period last year.&hellip;<\/p>\n","protected":false},"author":84,"featured_media":75334,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[48575,48576],"persona":[],"class_list":{"0":"post-80183","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"tag-fbr-grants-15-day-extension-in-income-tax-returns-date","9":"tag-tax-submissions-deadline","10":"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>FBR grants 15-day extension in income tax returns\u2019 submission deadline - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Federal Board of Revenue (FBR) on Thursday (September 30) extended the deadline to file income tax returns by 15 days, news sources\" \/>\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-15-day-extension-income-tax-returns.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR grants 15-day extension in income tax returns\u2019 submission deadline - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Federal Board of Revenue (FBR) on Thursday (September 30) extended the deadline to file income tax returns by 15 days, news sources\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-15-day-extension-income-tax-returns.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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