FBR Extends Income Tax Return Filing Deadline for Tax Year 2024

Islamabad, Pakistan: The Federal Board of Revenue (FBR) has announced an extension to the deadline for filing income tax returns for the tax year 2024. The new deadline is now October 31, 2024.

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This extension is aimed at providing taxpayers with additional time to complete their tax filings and ensure compliance with the tax laws. It also reflects the FBR’s commitment to facilitating ease of doing business and supporting taxpayers.

Key Points:

  • Extended Deadline: The deadline for filing income tax returns for tax year 2024 has been extended to October 31, 2024.
  • Reason for Extension: The FBR has provided additional time to taxpayers to ensure compliance and facilitate ease of doing business.
  • Importance of Filing: Timely filing of income tax returns is crucial for maintaining tax compliance and avoiding penalties.

What You Need to Do:

  • Gather Required Documents: Ensure you have all the necessary documents to complete your tax return, such as income statements, deductions, and investment details.
  • Choose a Filing Method: Decide whether you will file your return online through the FBR’s e-filing portal or through a tax consultant.
  • File Before the Deadline: Make sure to file your return before October 31, 2024, to avoid late penalties.

For more information and guidance, please visit the FBR’s official website or consult with a tax professional.

Remember: Tax compliance is essential for contributing to the development of Pakistan’s economy. By filing your income tax return on time, you are supporting the government’s efforts to improve public services and infrastructure.

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