The ADC mechanism allowed the tax payers to pay their taxes through internet/mobile banking, Automated Teller Machines (ATMs) or Over-the Counter (OTC) of 16000 branches of commercial banks across the country.
Switzerland, which has so far taken a lighter touch to restricting business and public life, said it will close shops selling non-essential supplies from Monday.
Sustainable Energy and Economic Development (SEED) launched a Policy Note in collaboration with the KP Government to introduce Sales Tax on Services Reform in the province.
Special instructions were issued to the field offices to provide all possible facilities to the taxpayers so that the taxpayers could file their tax returns on time.
The board had also decided to immediately roll-out action against the taxpayers who neither have filed the tax returns nor sought permission for extension.
In a letter to FBR Chairman, President PTBA Aftab Hussain Nagra said that the global situation created due to the coronavirus pandemic has made it impossible for taxpayers to timely file their tax returns.
The European Commission, whose decision came after a year-long investigation, said profits earned by port authorities from economic activities must be taxed under normal corporate tax laws.
The Federal Board of Revenue (FBR) is close to meeting its target of Rs348 billion for the month of November as total revenue collection reaches Rs347 billion.