ICCI urges FBR to defer tax collection from businesses : vim

ICCI urges FBR to defer tax collection from businesses


Daily Times
April 1, 2021
President, Islamabad Chamber of Commerce and Industry (ICCI) Sardar Yasir Ilyas Khan on Wednesday lauded the decision of Federal Board of Revenue (FBR) for extending the deadline to furnish the taxpayer profile up to June 30. It would reduce pressures on taxpayers by giving them more time for preparation of their profiles, he said in a statement.
However, he urged that FBR to simplify the taxpayer profile as it required extensive information including mandatory submission of bank account detail, business premises detail and utility connections detail that would be a very cumbersome exercise for the taxpayers and would consume a lot of their time in its completion.

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