Business

FBR warns of strict action, denies extension in income tax filing deadline

Published by
Web Desk

ISLAMABAD: The Federal Board of Revenue (FBR) has clarified that there will be no extension in the last date for submission of income tax returns, here on Wednesday.

As per the details, FBR officials said that 14 lakhs returns have been filed so far and said that the deadline will not be extended from September 30, 2024.

The FBR also warned that non-fillers may face multiple consequences, including blocking of mobile SIMs and disconnection of electricity and gas meters.

The FBR warned that strict action would be taken after issuing notices to non-filers, which may include freezing of bank accounts.

According to FBR, persons whose annual income is more than Rs. 600,000 is required to file a tax return. Additionally, owners of houses, properties, or vehicles must also file an income tax return.

Web Desk

Recent Posts

Petrol, diesel hit Rs500 per litre in Balochistan

QUETTA: The shortage of petroleum products has intensified in various districts of Balochistan, due to…

1 minute ago

Govt proposes new industrial power tariff, seeks IMF approval

ISLAMABAD: The government has proposed a major restructuring of industrial electricity tariffs and shared the…

43 minutes ago

Mehwish Hayat Zombeid BTS Reveals Challenges Behind Horror Film

Pakistani actress Mehwish Hayat has offered an exclusive sneak peek into her upcoming horror-comedy film…

57 minutes ago

Karachi Holiday on June 8 for Abdullah Shah Ghazi Urs

KARACHI: A local holiday has been declared in Karachi on June 8 on the occasion…

1 hour ago

Latest Irani Riyal rates in Pakistan – June 4, 2026

KARACHI: The Iranian Rial continues to face significant challenges internationally due to sanctions and economic conditions. It…

1 hour ago

Latest Gold Rate in Pakistan – June 4, 2026

KARACHI: A significant decline has been recorded in the price of gold in bullion markets across…

1 hour ago