The Federal Board of Revenue (FBR) has drawn a firm line in the sand, announcing that October 15 is the absolute final deadline for filing income tax returns this year. In a strict advisory, the tax authority has warned that there will be no more extensions, urging all individuals and businesses to submit their returns immediately to avoid penalties.
Taxpayers who miss this cutoff will be officially classified as “late filers.” This status doesn’t just come with a warning—it carries real financial consequences. Late filers will be subject to higher rates of withholding tax on a range of transactions and could also face additional financial penalties. The FBR has stressed that accuracy is equally important; returns must be complete and correct to avoid legal scrutiny.
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This move highlights the FBR’s push to improve tax compliance and ensure all due revenue is collected within the legal timeframe. Officials have also made it clear that any attempts to hide income or provide false information will be met with serious action under the tax laws.
With just days left, taxpayers are encouraged to use the FBR’s online portal to complete their submissions smoothly and on time.
Frequently Asked Questions (FAQs)
1. What is the last date to file my income tax return?
The final deadline is October 15. No further extensions will be granted.
2. What happens if I file after the deadline?
You will be marked as a “late filer,” which means you’ll face higher withholding taxes and possible fines.
3. Can I get an extension if I need more time?
No. The FBR has clearly stated that there will be no extensions beyond October 15.
4. Where do I file my tax return?
You can file electronically through the FBR’s official web portal or authorized tax facilitators.
5. What if I make a mistake or hide some information?
Concealing or falsifying information can lead to strict penalties, audits, or legal action from the FBR.
