FBR extends again extends deadline to file tax returns

Islamabad: The Federal Board of Revenue (FBR) on Monday announced to extend the filing income tax returns for the second time till October 31.

In a statement issued late Monday night, the tax collection body said, “In exercise of the powers conferred under Section 214A of the Income Tax Ordinance, 2001, the Federal Board of Revenue is pleased to communicate that the date of filing of income tax return for tax year 2024, for the persons who were required to file their returns by September 30, 2024 and was extended up to October 14, 2024 vide circular No.2 of 2024-25 dated September 30, 2024, is further extended to October 31, 2024.”

The step has been taken in view of the requests from various trade bodies, tax bar association and in the wake of the banking holidays announced in Islamabad and Rawalpindi.

It is pertinent to mention here that a three-day public holiday was announced in Islamabad and Rawalpindi ahead of the much-anticipated Shanghai Cooperation Organisation's (SCO) Council of Heads of Government meeting, slated to be held on October 15 and 16.