FBR alters the policy of online payments

The Federal Board of Revenue (FBR) has conceded its arrangement of changing to the advanced method of installment by November 30, to work with the business local area.

As indicated by a notice, the assessment assortment body has permitted an expansion in the cutoff time for execution of advanced method of installment up to November 30, 2021.

“FBR has broadened the cutoff time for advanced installments by corporate area specified in Section 21(la) of Income Tax Ordinance-2001 up to 30th Nov, 2021.FBR has practiced this force gave under Section 214A of ITO-2001, after receipt of different portrayals documented by citizens,” the notice read.

The computerized method of installment had been made required for the corporate area, which was to be carried out from November 01, 2021.

Under the new system, the business local area can reimburse costs with a money order, pay request, bank draft or banking strategy.

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