ISLAMABAD: The
Deadline for
filing of
income tax
returns has been
extended till November 30, Geo News reported. Minister for Finance Ishaq Dar on Wednesday approved the extension of the due date for
filing of
income Tax Returns, statements by companies, salaried individuals, other individuals and AOPs. It was felt that the taxpayers could not find ample time for
filing their tax returns. A recent study of the World Bank has found that Pakistan suffers from an annual tax loss of Rs3.2 trillion due to weak enforcement and low compliance by taxpayers.
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