All large taxpayer office (LTO), medium taxpayer office (MTO), corporate tax office (CTO) and regional tax office (RTO) operating under the Federal Board of Revenue will remain open on January 31 (Saturday).
The decision has been taken in view of tax collection matters for the current month. According to the Federal Board of Revenue, the offices will remain open on Saturday to facilitate taxpayers.
All field offices will observe normal working hours on the day, the FBR said.
FBR eyes Rs300bn revenue after supertax upheld by court
Earlier today, the Federal Constitutional Court has upheld the imposition of supertax, with the Federal Board of Revenue (FBR) expecting it to generate around Rs300 billion annually.
The court also directed new rules to be implemented across multiple sectors. The court confirmed that the supertax under Section 4C will be set at 10 percent for the tax year 2022.
The FBR noted that this move is designed to significantly enhance government revenue, with an estimated collection of Rs300 billion.
