Thursday, December 2, 2021  | 26 Rabiulakhir, 1443
Samaa TV
Facebook Twitter Youtube
HOME > Money

FBR tells 22 banks their employees must file tax returns

Offers free services of local NGO to help

SAMAA | - Posted: Nov 30, 2020 | Last Updated: 1 year ago
SAMAA |
Posted: Nov 30, 2020 | Last Updated: 1 year ago

The FBR has written to the managements of 22 banks in Pakistan and told them to ensure their employees file their income tax returns.

These banks are AlBaraka Bank (Pakistan) Limited, Bank Alfalah Limited, Citi Bank NA, Faysal Bank Limited, Habib Bank Limited, Industrial and Commercial Bank of China Limited, Meezan Bank Limited, Samba Bank Limited, Sindh Bank Limited, Summit Bank Limited, U Microfinance Bank Limited, APNA Microfinance Bank Limited, Bank Islami Pakistan Limited, Dubai Islamic Bank Pakistan Limited, First Women Bank Limited, Habib Metropolitan Bank Limited, JS Bank Limited, National Bank of Pakistan, Silk Bank Limited, Standard Chartered Bank (Pakistan) Limited, Telenor Microfinance Bank Limited and United Bank Limited.

In the letter, the FBR noted that a large number of employees are not filing their annual income tax returns. “They are under the impression that there is at source deduction of income tax on their salaries hence filing of income tax return is not called for. This is a misconception which is against the provisions of the law,” it read.

The FBR said that an NGO, the Karsaz Education and Welfare Organisation, has partnered with it to help people file income tax returns free of charge. It gave the contact details of the organization and said volunteers at KEWO will help employees file their tax returns for the 2019-2020 financial year without any charges.

The last date to file income tax returns for 2019-2020 is December 8. The date was earlier extended till December from September.

FaceBook WhatsApp
 
HOME  
 
 

Tell us what you think:

Your email address will not be published.

FaceBook WhatsApp
 

 
 
 

MOST READ
MOST READ
Suzuki, Yamaha increase motorcycle prices fifth time in 2021
Sindh Bar Council secretary shot dead in Karachi
Sindh: young woman dies after tying rakhi on husband’s wrist
JI’s stages 11 protests in Karachi against LG law
Bolan Mail back on track after two years
Covid-19 booster shots, temperature drops, crude oil prices
Video: PTI MNA claims women who smoke end up divorced
 
 
 
 
 
About Us   |   Anchor Profiles   |   Online Advertising   |   Contact Us   |   Feedback   |   Apps   |   FAQs   |   Authors   |   Comment Policy
Facebook   |   Twitter   |   Instagram   |   YouTube   |   WhatsApp