NBR may widen tax-return time
The National Board of Revenue (NBR) is likely to extend the deadline for submitting individual income tax returns, as the NBR has received lower returns than last year.
“We are yet to finalise the issue and we are thinking of extending the deadline as several business groups have requested so,” a high NBR official said.
The NBR has so far received 3 lakh tax returns until October 25, against 6.2 lakh last year, the official added.
The deadline for individual income tax returns was September 30, but it was extended to October 31, due to Ramadan and Durga Puja.
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