Islamabad, March 25, 2025 – The Federal Board of Revenue (FBR) has announced that its tax collection window will remain closed during the public holidays declared by the federal government for Eid-ul-Fitr.
This closure is expected to impact revenue collection efforts during a crucial period for the economy.
According to an official notification, the federal government has declared public holidays from March 21 to April 2 (Monday to Wednesday) in observance of Eid-ul-Fitr. These holidays will effectively halt tax collection operations across the country, including key revenue centers, further complicating the FBR’s task of meeting its fiscal targets.
Notably, the first day of Eid-ul-Fitr is expected to fall on March 31, 2025, subject to the sighting of the moon. This date is of particular significance for the FBR as it coincides with the final day of the third quarter of the ongoing fiscal year 2024-25. The last day of the quarter is traditionally critical for tax collection as businesses and individuals finalize their financial filings.
The FBR is already facing the formidable challenge of achieving its revenue collection target for the fiscal year, and the prolonged public holiday period is likely to pose additional hurdles. The closure of tax collection services during these days may result in a shortfall in revenue, affecting the government’s overall fiscal performance.
Despite the potential impact, the FBR has yet to disclose its strategy for mitigating revenue losses during this extended holiday period. It remains unclear whether the tax authority will make special arrangements to keep tax collection windows open on March 29 and March 30 (Saturday and Sunday), the two days preceding Eid-ul-Fitr, to facilitate taxpayers and ensure continuity in revenue inflows.
As the third quarter deadline approaches, tax officials and policymakers are expected to review possible solutions to prevent significant disruptions. The business community and tax filers are also keenly awaiting further instructions from the FBR regarding any potential extensions or alternative measures to accommodate the financial reporting deadlines.