The International Monetary Fund on Friday said that the provincial governments of Sindh and Punjab completely implemented agricultural tax and did not change the tax rate, reported 24NewsHD TV channel.
According to IMF officials, the agriculture tax was deferred from January 2025 to June 2025. Negotiations are being held to defer the receipt of the agriculture tax from January 2025 to June 2025.
Earlier, the Sindh Revenue Board (SRB) had extended the deadline for filing agricultural income tax (AIT) returns for the tax year 2025 to November 15, allowing taxpayers additional time to comply with filing requirements.
According to a circular, taxpayers may now submit AIT-03 forms by the new deadline. These forms were earlier due at the end of October under a previous circular issued on October 6.
The extension has been granted under the Sindh Agricultural Income Tax Rules, 2025, with approval from the provincial government, the SRB said. The move is intended to facilitate taxpayers and ensure the smooth submission of returns across the province.
Reporter: Waqas Azeem