Pakistan's Federal Board of Revenue has published Circular No. 14 of 2021 - Operations, which provides for an extension of the deadline for the submission of the Taxpayer Profile to 30 June 2021. The Taxpayer Profile is a new requirement introduced by Finance Act 2020, which requires the electronic submission of information in a prescribed form on bank accounts, utility connections, business premises, types of business, and other information that may be prescribed.
For existing taxpayers r…