ISLAMABAD: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi on Wednesday reiterated it is compulsory for those to file tax returns, who own a house larger than five hundred square yards or a vehicle over 1000cc. “The last date for filing tax returns for the year 2018 has been extended till August 2”, Zaidi said in his statement. Zaidi urged the people to benefit from this opportunity and file their tax returns timely to avoid difficulties. Last month, Shabbar Zaidi had said that the FBR is working on a long term strategy for expanding the tax net in the country. He, however, had said that there was a dire need to improve the tax recovery sector.

Source: Pakistan Today July 17, 2019 10:40 UTC