Taxpayers filing late returns may face daily penalties, although the applicable amount can be reduced for returns submitted within three months.
(more…)Tag: return filing
-

FBR’s IRIS tax return filing portal goes offline for scheduled maintenance
Tax authority advises taxpayers to complete returns, payments and registrations before scheduled weekend system maintenance.
(more…) -

FBR prescribes foreign income and asset thresholds for TY 2026 tax returns
Resident individuals meeting specified overseas income or asset limits must submit a Foreign Income and Assets Statement with their annual tax return.
(more…) -

Taxpayers must file wealth reconciliation statement with TY 2026 income tax return: FBR
Resident individuals and AOP members required to submit wealth statement and reconciliation; incomplete returns may be treated as invalid
(more…) -

FBR exempts certain individuals from filing income tax returns for TY 2026
Section 115 provides limited exemption for widows, orphans, disabled persons and certain non-residents where the filing obligation arises solely from ownership of specified assets.
(more…) -

Taxpayers face utility, SIM and travel restrictions for failure to file tax returns
Section 114B empowers the FBR to impose enforcement measures on eligible non-filers after due legal process.
(more…) -

FBR specifies documents required with tax year 2026 income tax returns
Electronic filing through the IRIS portal remains mandatory, while companies must submit financial statements in a machine-readable format.
(more…) -

FBR makes tax return filing mandatory for wider range of taxpayers for TY 2026
New filing rules extend tax return obligation to property owners, vehicle owners, registered professionals and other specified taxpayers.
(more…) -

FBR officially launches tax return filing season for Tax Year 2026
Income tax return form goes live on IRIS portal as taxpayers prepare for September 30 filing deadline
(more…) -

Kayani urges traders to register, file taxes to widen tax base
ISLAMABAD, April 17, 2026 — Minister of State for Finance and Railways Bilal Azhar Kayani on Friday urged traders across Pakistan to ensure tax registration and timely filing, calling it essential for broadening the country’s narrow tax base and strengthening fiscal stability.
(more…)