Businessmen ask PM for extension in income tax filing deadline.

ISLAMABAD -- Businessmen on Sunday appealed to the Prime Minister for the grant of extension in date for income tax returns for the tax year 2020. FEBR President Kashif Anwar said that PM Imran Khan himself should take notice of the grave situation, as FBR's last date for filing income tax returns has expired on Dec 8, 2020, while the taxpayers want some relaxation in the deadline given only 1.67 million income tax returns filed, which fell short of even last year's figure by nearly 1.3 million. 'It is beyond understanding that despite a massive reduction in the number of income tax return filers for the tax year 2020, the FBR has taken the stance that it will not grant any further extension in the last date for filing returns despite that taxpayers are facing difficulties of calculation errors on the IRIS portal, besides the working environment is not friendly due to the spread of coronavirus,' he added. FEBR President urged PM Imran Khan, PM Advisor on Finance Dr Abdul Hafeez Shaikh and FBR Chairman Javed Ghani to extend the deadline for filing Annual Income Tax Returns from Dec 8, 2020, to March 2021 until the...