Over 1.4 million taxpayers filed returns online: NBR
NBR also announced that the online filing service will remain available round the year
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Over 1.4 million taxpayers have filed their income tax returns online this fiscal year and over 1.8 million have registered for the National Board of Revenue's (NBR) e-return system.
The National Board of Revenue's online income tax return filing system has received a huge response from taxpayers, according to a NBR press release.
NBR also announced that the online filing service will remain available round the year even after the Income Tax Day on 16 February.
Taxpayers filing returns after the deadline will not be eligible for investment tax rebates or exemptions under Section 76 of the Income Tax Act, 2023, it said.
Besides, a 2% monthly penalty (up to 24 months) will be imposed on unpaid taxes as per Section 174 of the Act.
The NBR expressed gratitude to taxpayers who submitted their returns online and encouraged them to continue using digital services for filing returns and obtaining income tax certificates.