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FBR extends deadline for submission of sales tax return by 4 days

09:35 PM | 15 Apr, 2024
tax returns
Source: File photo

The Federal Board of Revenue (FBR) has extended the deadline for submission of tax returns by four days. 

The Inland Revenue chief commissioner has said in a notification that taxpayers now have until April 22 to submit their sales tax and federal excise returns. The previous deadline was April 18.

This decision comes as a relief for taxpayers who may need extra time to gather necessary documents and submit accurate returns. The extension is aimed at streamlining the tax filing process and providing taxpayers sufficient time to fulfill their tax obligations without any pressure.

The Inland Revenue chief commissioner has instructed all field formations of the FBR to disseminate information about the extended deadline and ensure compliance with the revised submission timeline.

Taxpayers are encouraged to take advantage of this extension and promptly submit their returns to avoid any potential penalties or legal complications. The FBR remains committed to facilitating taxpayers and promoting voluntary tax compliance to strengthen the country's revenue generation efforts.

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 18 May 2024 Forex Rates

Pakistani currency rates against US Dollar and other currencies on May 18, 2024 (Saturday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.4 for buying and 280.35 for selling.

Euro stands at 297 for buying and 299.5 for selling while British Pound rate is 348.5 for buying, and 352 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 18 May 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.4 280.35
Euro EUR 297 299.5
UK Pound Sterling GBP 348.5 352
U.A.E Dirham AED 75.25 76
Saudi Riyal SAR 73.5 74.25
Australian Dollar AUD 181 183
Bahrain Dinar BHD 747.77 755.77
Canadian Dollar CAD 203 205
China Yuan CNY 38.49 38.89
Danish Krone DKK 40.25 40.65
Hong Kong Dollar HKD 35.96 36.31
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 913.28 922.28
Malaysian Ringgit MYR 58.69 59.29
New Zealand Dollar NZD 169.45 171.45
Norwegians Krone NOK 25.67 25.97
Omani Riyal OMR 730.59 738.59
Qatari Riyal QAR 76.41 77.11
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.67 25.97
Swiss Franc CHF 309.01 311.51
Thai Bhat THB 7.57 7.72

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