According to sources, there is a proposal to extend the deadline for filing income tax returns for 2024 by 15 days. Business organizations and tax bar associations are advocating for a one-month extension.
Significant slowdowns in the online system are being caused by an extraordinary increase in activity on the Federal Board of Revenue’s (FBR) Iris site.
While the salaried class has submitted its returns without significant problems, those who filed forms with complicated or huge data sets have faced processing challenges.
More than 3.5 million taxpayers have filed their forms as of right now, more than double from the same time last year.
