Consequences of Not Filing Income Tax Returns in Pakistan
In Pakistan, the failure to file an income tax return for a specific tax year triggers a series of actions by the Federal Board of Revenue (FBR).
In Pakistan, the failure to file an income tax return for a specific tax year triggers a series of actions by the Federal Board of Revenue (FBR).
Karachi, February 3, 2024 – The Federal Board of Revenue (FBR) has released a detailed guide outlining the steps for tax registration to facilitate the filing of income tax returns for the tax year 2024.
KARACHI, November 30, 2023 – The Federal Board of Revenue (FBR) has issued a directive to initiate action against tax officials who have failed to file their income tax returns.
Karachi, November 29, 2023 – The Federal Board of Revenue (FBR) officials, entrusted with upholding Pakistan’s taxation integrity, have been afforded an extraordinary amnesty for filing their income tax returns, a move that is being denounced as a blatant mockery of the nation’s tax structure.
Islamabad, November 7, 2023 – The Federal Board of Revenue (FBR) is taking a proactive step in acknowledging taxpayers for their compliance with income tax return filing for the tax year 2023, boosting trust and confidence in the tax system.
Karachi, November 2, 2023 – In a move aimed at alleviating the concerns of taxpayers, the Federal Board of Revenue (FBR) has decided to allow post-deadline return filing for the tax year 2023.
Disappointed Taxpayers Seek Relief from Unmet Deadlines and Technical Challenges Islamabad, November 2, 2023 – Frustrated taxpayers in Pakistan are calling upon the finance minister to extend the deadline for filing income tax returns up to November 30, 2023, citing disappointments stemming from the Federal Board of Revenue (FBR)’s handling of the matter. Despite the […]
Karachi, November 1, 2023 – As the Federal Board of Revenue (FBR) received 2.9 million tax returns by the October 31, 2023 deadline for tax year 2023, taxpayers are now clamoring for an extension to the filing deadline.
Karachi, October 31, 2023 – The Federal Board of Revenue (FBR) is on the verge of granting another extension for the return filing deadline for the tax year 2023, which was initially set for October 31, 2023.
Lahore, October 30, 2023 – The Lahore Tax Bar Association (LTBA) has formally called for a one-month extension in the return filing deadline and voiced concerns over issues plaguing the online portal for income tax return filing.