The government is taking a big step to facilitate 1.4 million salaried individuals/pensioners for the tax year 2023 by introducing a separate salary return in simplified form or revision of the existing income tax return form.
The Federal Board of Revenue (FBR) took the decision on Wednesday following directives of the Federal Tax Ombudsman (FTO) providing relief to the salaried individuals/pensioners.
An order of the FTO office revealed that an own motion investigation was initiated on hardships caused to salaried individuals and pensioners by complex tax return format while exercising powers conferred u/s 9(1) of the Federal Tax Ombudsman Ordinance, 2000 (FTO Ordinance).