TaxQuick read

Circular about tax returns extension is fake, FBR clarifies

BUSINESS RECORDER • • 1 min read

Circular about tax returns extension is fake, FBR clarifies

The Federal Board of Revenue has denied that any extension of the income tax return filing deadline for tax year 2026 has been announced, according to Business Recorder. The tax authority labelled a circular doing the rounds online as a forgery, stating that it had not issued any such document. The statement was posted on a social media account and reached readers on Tuesday.

The clarification came a day after the Pakistan Chemicals & Dyes Merchants Association asked the FBR to push back the deadline by one month. The association cited repeated malfunctions and instability on the IRIS portal, which it said had made filing difficult for practitioners and taxpayers. Its chairman, Salim Valimuhammad, made the request in a letter to FBR Chairman Rashid Mehmood Langrial.

Separately, the revenue body said around 4.7 million returns for tax year 2026 had been received so far. That is roughly 1.52 million more than the figure recorded for the same period last year, when 3.2 million returns had come in.

At a glance

  • FBR said a circular on a tax return deadline extension for tax year 2026 is fake.
  • PCDMA had asked FBR for a one-month extension, citing IRIS portal problems.
  • FBR has received around 4.7 million income tax returns for tax year 2026 so far.

Originally reported by BUSINESS RECORDER

This page is Investify's own summary. The full report, with all details and context, is on the publisher's site.

Read the full story

Want the full article here?

Log in to read the full article in the Investify reader, in English or Urdu.

Investify summarizes Pakistan Stock Exchange news in its own words and links each story to its original publisher. We always credit the source so you can read the full report and verify the details before making financial decisions.

Built for PSX investors

Your market watch, portfolio and news desk in one app.

Follow live PSX prices, track holdings, read business news, and keep your watchlist close before the market moves.

Investify app live PSX stock list on iPhone