• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Thursday, February 5, 2026
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

Income tax returns must be filed by Sept 30, clarifies FBR

September 29, 2025
in Business & Finance
Income tax returns must be filed by Sept 30, clarifies FBR
Share on FacebookShare on TwitterWhatsapp

The Federal Board of Revenue (FBR) has categorically dismissed reports of any extension in the deadline for filing income tax returns for the tax year 2025, reaffirming that September 30 remains the final date for filing.

In a statement released on Monday, the FBR said it has taken notice of unverified reports circulating on various media platforms saying that the deadline for filing income tax returns for the tax year 2025 will be extended.

“FBR categorically clarifies that these reports are false, baseless, and misleading as the deadline for filing income tax returns for tax year 2025 will not be extended,” the tax-collecting authority said.

FBR pointed out that a vast majority of taxpayers reside in areas unaffected by floods and have had ample time to discharge their national obligation of filing returns.

It added that the reports suggesting that its IRIS system has slowed down are also unfounded. “FBR’s IRIS platform is fully operational, functioning smoothly, and taxpayers can easily file their returns using the new simplified income tax return form.”

Moreover, the FBR cautioned taxpayers that failure to file returns by the due date will result in late-filer status and imposition of penalties under the law.

“FBR urges all eligible taxpayers to act responsibly and file their Income tax returns with accuracy and honesty before the deadline of 30th September, 2025, to avoid any legal consequences.

“In case of extreme hardship, the taxpayers can availan extension of return up to fifteen days with payment of due taxes by 30th September, subject to approval by the relevant committee as per law,” it said.

Last week, Salim Valimuhammad, Chairman of the Pakistan Chemical & Dyes Merchants Association (PCDMA), demanded an urgent extension of the income tax return filing deadline beyond September 30, following abrupt and sweeping changes to the filing process.

However, the FBR clarified that no changes or amendments have been introduced in the Income Tax Return Form-2025 through any SRO for the declaration of the actual market value of assets.

Share15Tweet10Send
Previous Post

PTA Introduces New 10-Year License to Boost Internet Services Across Pakistan

Next Post

Nationwide tally rises to 29 as 2 new poliovirus cases confirmed in Sindh

Related Posts

China export boost can help shrink trade gap: experts
Business & Finance

China export boost can help shrink trade gap: experts

February 5, 2026
Kazakhstan shows interest in importing 50,000 tonnes of potatoes from Pakistan: ministry
Business & Finance

Kazakhstan shows interest in importing 50,000 tonnes of potatoes from Pakistan: ministry

February 4, 2026
US Treasury chief warns ‘excessive regulation’ can bring stagnation
Business & Finance

US Treasury chief warns ‘excessive regulation’ can bring stagnation

February 5, 2026
New-design currency notes to have enhanced security features, Senate panel told
Business & Finance

New-design currency notes to have enhanced security features, Senate panel told

February 4, 2026
Crescent Steel to discontinue cotton segment as part of strategic shift
Business & Finance

Crescent Steel to discontinue cotton segment as part of strategic shift

February 4, 2026
Production of biofuel from offal: accord to be signed with Pak Suzuki Company: minister
Business & Finance

Production of biofuel from offal: accord to be signed with Pak Suzuki Company: minister

February 4, 2026

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    127 shares
    Share 51 Tweet 32
  • How to avoid buyer’s remorse when raising venture capital

    33 shares
    Share 337 Tweet 211
  • Microsoft to pay off cloud industry group to end EU antitrust complaint

    55 shares
    Share 22 Tweet 14
  • Capacity utilisation of Pakistan’s cement industry drops to lowest on record

    48 shares
    Share 19 Tweet 12
  • SingTel annual profit more than halves on $2.3bn impairment charge

    48 shares
    Share 19 Tweet 12
American Dollar Exchange Rate
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.