Government to waive penalty on late filing of tax returns: State Minister

ISLAMABAD: On Tuesday, the government has decided to waive penalty for late filing of tax returns, State Minister for Revenue Hammad Azhar informed.

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He tweeted on Tuesday that the mandatory audit of the salaried group of late filers has also been withdrawn.

The Federal Board of Revenue (FBR) extended the deadline to file annual income tax returns and wealth statements to November 30, 2018.

The last date for filing the returns for 2016-17 was earlier announced to be September 30, 2018 as The Pakistan Tax Bar Association (PTBA), in a letter to the FBR chairperson, had sought an extension in the deadline to file returns for 2018.

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