Income tax returns: PTBA urges FBR to grant a further 34-day extension

The Pakistan Tax Bar Association has asked the Federal Board of Revenue for another 34 days to file Tax Year 2026 income tax returns, Business Recorder reported. PTBA says the filing notification came 64 days after July 1, while extensions totalling 30 days have only partly made up for the delay. The Lahore Tax Bar Association has also called for taxpayers to receive the full statutory filing period.

FBR sources told the newspaper that no further extension is planned and that non-filers will face substantial penalties. A tax consultant said the formal deadline was October 31, but because that date falls on a public holiday, the filing date would shift to Monday, November 2 under the legal principle he cited. PTBA also reported 7.3 million returns and Rs85 billion in revenue by October 29, compared with 6.8 million returns and Rs88.5 billion a year earlier.