The Federal Board of Revenue (FBR) has confirmed that October 14, 2024, will be the final deadline for filing income tax returns for the 2024 tax year. In its latest statement on Monday, the FBR clarified that there will be no further extensions granted beyond this date, urging taxpayers to complete their submissions promptly.
The FBR had previously extended the original deadline, providing taxpayers with additional time until mid-October following numerous appeals from various trade organizations, tax bar associations, and the general public. The decision to extend was aimed at accommodating taxpayers who had encountered difficulties in meeting the earlier deadline.
However, the FBR has now made it clear that no further delays will be considered. “The taxpayers should not anticipate any further extension in the deadline,” the FBR emphasized in its latest advisory, stressing the importance of timely compliance.
It is important to note that despite a public holiday in the capital city of Islamabad, declared by the federal government from October 14 to 16, the FBR remains firm on its decision. The FBR headquarters is located in Islamabad, but taxpayers nationwide are still expected to meet the October 14 deadline.
The FBR has also ensured that its online portal and resources remain fully operational, allowing taxpayers to file their returns electronically without interruption. The tax authority has provided detailed guidelines and support to facilitate the process and encouraged taxpayers to avoid last-minute submissions to prevent any technical issues that may arise due to high traffic on the system.
With this being the final extension, the FBR has urged all taxpayers who have not yet submitted their returns to do so without delay, as non-compliance may result in penalties or legal consequences.
As the filing period comes to a close, the FBR remains committed to enforcing tax regulations and ensuring that all eligible individuals and businesses fulfill their tax obligations for the current fiscal year.