ISLAMABAD: Federal Board of Revenue (FBR) has decided in principle to introduce a new one-page, simple and easy tax return form.
According to media reports, a senior official of FBR has said that the text of the new tax return form in question has been prepared and it is expected to be issued within the next two weeks, adding that the step has been taken to facilitate the taxpayers.
Following the release of new tax return form, taxpayers will submit their tax return in accordance with the new tax form.
it is good if Tax return form will be in Urdu that causes to increase the taxpayers.
Good sign for fbr and tax payar if tax return form will be in urdu.
INCOME TAX RETURN OR SALES TAX RETURN OF one page?
Really very existing Tax return very complicated because most of people could not submit Tax returns due to complications due to which private people / agents recieve / charges heavy fee i.e. 10,000 to above to complete or submit tax returns ,so humbly request all concern officials please reform this task thay should be easy then everyone/ Laymen conduct this independently without any hesitation.
Hopefully you revise / reform this process then it can be easy submission for everyone.
Shall appreciate if the One page Simplified Income Tax return for salaried person having on Salary & profit on savings ( ,no property or capital gain income ) template is provided