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Union of Small and Medium Enterprises urges Federal Board of Revenue for extension in income tax return filing date

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by September 30, 2015 General

Karachi, September 30, 2015 (PPI-OT): The Union of Small and Medium Enterprises (UNISAME) urged the chairman Federal Board of Revenue (FBR) to extend the date of filing of income tax returns till 31st October 2015 instead of 30th September 2015 to facilitate the assesses and especially the SMEs.

President UNISAME Zulfikar Thaver said due to Eid holidays and the fact that pilgrims have not yet returned it is advisable to extend time to enable all to file returns. Moreover it is incumbent upon the FBR to make it convenient, smooth and easy for the filers as they have to obtain figures from the banks and institutions of withholding tax (WHT) deducted by them.

He said it is not a question of tax payment as the WHT is deducted from salaries, commissions, exports, imports and nobody is spared. It is a question of filing the return with proper figures. The FBR needs to get after the smugglers, mafia and the tax evaders rather than honest citizens and SMEs who pay their taxes regularly and sincerely and need sufficient time to file returns.

Secondly he said that even those who are trying to file returns cannot do so smoothly because the website is closed for maintenance for almost 5 to 6 hours a day causing failure to file the return. Those who get through are considered lucky. UNISAME has urged the FBR to make the system efficient and make it accessible for the applicants.

Finally UNISAME has also urged the authorities to resolve the issue of non filers and not burden those who are not obliged to file by virtue of being exempted due to income below the taxable limit and SME farmers deriving income from small farms and not obliged to file returns by virtue of agricultural income and also not owning assets as defined in the list issued by FBR.

For more information, contact:
Union of Small and Medium Enterprises (UNISAME)
75/1 3rd Commercial Street,
Phase IV, D.H.A., Karachi, Pakistan
Tel: +92-21-35884225-6
Fax: +92-21-35380642
Cell: +92-300-8245307, +92-321-8245307


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