DEADLINE before 15th August 2020
According to the Sections 90 and 91 of the Inland Revenue Act, No.24 of 2017 (IR Act), It’s mandatory for following tax payers;
- Individuals – (whose estimated taxable income expected to exceed Rs.3 Million)
- Entities – (Companies, Partnerships and Trusts etc.) expected to have a taxable income.
To submit the Statement of Estimated Tax Payable (SET Form)
To pay the First Tax Installment
On or before 15 August 2020.