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Govt plans to abolish WHT on education, event fees

Govt plans to abolish WHT on education, event fees

FBR issues simple tax return form for manufacturers after deadline

FBR issues simple tax return form for manufacturers after deadline Business December 10, 2020 KARACHI: The Federal Board of Revenue (FBR) on Wednesday issued a simplified return form for tax year 2020 to facilitate small manufacturers though the date to file this return had already expired a day earlier. Karachi Tax Bar Association (KTBA) President Muhammad Zeeshan Merchant said the FBR was very late in issuing a simplified return form for small manufacturers. “Interestingly the deadline for filing of return for the Tax Year 2020 has already expired on December 8, 2020 which has not been extended by the FBR despite scores of requests from the business and tax fraternity.”