Business

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

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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

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