Pakistan's Federal Board of Revenue (FBR) issued Circular No. 11 of 2021-22 — Operations (Income Tax) on 3 January 2022, providing a further extension of the deadline for digital payments by the corporate sector stipulated in Section 21 (la) of Income Tax Ordinance-2001 until 31 January 2022. The extension is in relation to the new digital payment requirements introduced by the Tax Laws (Third Amendment) Ordinance 2021, which was previously extended to 30 November 2021. One of the key measur…