Heading: FBR ISSUES WORK SCHEDULE ON HOLIDAYS FOR TAX OFFICES - 2024-12-20
December 20, 2024 Islamabad, December 20, 2024 – The Federal Board of Revenue (FBR) announced an extended work schedule for its tax offices during upcoming weekends in December 2024 to ensure smooth collection of duties and taxes. In an official notification, the FBR directed Chief Commissioners of Inland Revenue across Large Taxpayers Offices (LTOs), Medium Taxpayers Offices (MTOs), Corporate Tax Offices (CTOs), and Regional Tax Offices (RTOs) to observe regular working days on Saturday, December 21; Saturday, December 28; and Sunday, December 29, 2024. This step aims to bolster enforcement efforts and support revenue collection targets for the second quarter of the fiscal year 2024-25. Objective Behind the Decision The FBR’s decision reflects its proactive approach to achieving revenue targets amidst tightening fiscal challenges. The directive ensures that taxpayers and businesses can fulfill their obligations during the extended hours, minimizing delays in tax submission and compliance. It also underscores the government’s commitment to maintaining momentum in revenue generation during the critical end-of-year period. The directive specifically focuses on enhancing operations within key tax offices. These offices, including LTOs, MTOs, CTOs, and RTOs, play a vital role in facilitating large-scale revenue collection from corporate entities, medium-scale enterprises, and regional taxpayers. Implementation and Compliance…