{"id":108970,"date":"2024-06-18T00:23:25","date_gmt":"2024-06-17T19:23:25","guid":{"rendered":"https:\/\/pni.net.pk\/en\/?p=108970"},"modified":"2024-06-25T19:02:12","modified_gmt":"2024-06-25T14:02:12","slug":"new-late-filers-category-introduced-in-finance-bill-2024","status":"publish","type":"post","link":"https:\/\/pni.net.pk\/en\/latest-business-news\/new-late-filers-category-introduced-in-finance-bill-2024\/","title":{"rendered":"New \u2018late filers\u2019 category introduced in Finance Bill 2024"},"content":{"rendered":"<p>ISLAMABAD (PNI) In Finance Bill 2024 the government has introduced a new category of \u201cLate Filers\u201d in the income tax law. Earlier, income taxpayers were placed in two categories, Filers and non-Filers. Now, a new category of \u201cLate Filer has been created which will attract higher rate of tax for late filing of income tax return. This measure will enforce timely filing of tax return.<\/p>\n<p>In order to safeguard from higher rate of withholding tax and normal tax, it is imperative that individuals and association of persons are given more time for filing of their tax returns after close of financial year on June 30.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD (PNI) In Finance Bill 2024 the government has introduced a new category of \u201cLate Filers\u201d in the income tax law. Earlier, income taxpayers were placed in two categories, Filers and non-Filers. Now, a new category of \u201cLate Filer has been created which will attract [&#8230;]<\/p>\n<p>\n","protected":false},"author":2,"featured_media":108971,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-108970","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New \u2018late filers\u2019 category introduced in Finance Bill 2024<\/title>\n<meta name=\"description\" content=\"New \u2018late filers\u2019 category introduced in Finance Bill 2024\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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