{"id":20230,"date":"2024-10-15T15:40:08","date_gmt":"2024-10-15T10:40:08","guid":{"rendered":"https:\/\/dailyrapidnews.com\/eng\/?p=20230"},"modified":"2024-10-15T15:40:09","modified_gmt":"2024-10-15T10:40:09","slug":"fbr-once-again-extends-income-tax-return-filing-deadline","status":"publish","type":"post","link":"https:\/\/dailyrapidnews.com\/eng\/2024\/10\/15\/fbr-once-again-extends-income-tax-return-filing-deadline\/","title":{"rendered":"FBR once again extends income tax return filing deadline"},"content":{"rendered":"\n<p><strong>The Federal Board of Revenue (FBR) has once again extended the deadline for filing income tax returns, allowing taxpayers to submit their returns until October 31.<\/strong><\/p>\n\n\n\n<p>This extension follows multiple requests from trade organizations and tax bar associations for additional time to complete their tax submissions.<\/p>\n\n\n\n<p>In a circular issued by the FBR, the decision was made under Section 214A of the Income Tax Ordinance 2001, providing taxpayers more time to fulfill their tax obligations. This marks the second extension of the deadline, as the initial due date was previously pushed from September 30 to October 14.&nbsp;<\/p>\n\n\n\n<p>Earlier, Oct 14 was the final day for filing income tax returns for 2024, with the Federal Board of Revenue (FBR) claiming that there will be no further extension.<\/p>\n\n\n\n<p>Meanwhile, this year has seen a significant surge in tax filings, with the FBR reporting an impressive 105% increase compared to last year.<\/p>\n\n\n\n<p>As of Monday, more than 4.43 million individuals submitted their tax returns, representing an increase of over 2.27 million compared to the previous year. In 2023, 2.16 million people filed their returns.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Board of Revenue (FBR) has once again extended the deadline for filing income<\/p>\n","protected":false},"author":1,"featured_media":20231,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[2,19],"tags":[],"class_list":["post-20230","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-pakistan"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.4.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FBR once again extends income tax return filing deadline - Rapid News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailyrapidnews.com\/eng\/2024\/10\/15\/fbr-once-again-extends-income-tax-return-filing-deadline\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR once again extends income tax return filing deadline - 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The team, led by the FBR chairman, briefed the IMF on tax collection and revenue figures for the first quarter of the current financial year.\u2026","rel":"","context":"In &quot;Business&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2024\/11\/a-17.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":20133,"url":"https:\/\/dailyrapidnews.com\/eng\/2024\/09\/23\/fbr-massive-crackdown-on-non-filers-from-oct-1st-to-meet-tax-target\/","url_meta":{"origin":20230,"position":1},"title":"FBR massive crackdown on non-filers from Oct 1st to meet tax target","date":"September 23, 2024","format":false,"excerpt":"Federal Board of Revenue (FBR) has announced a decisive crackdown on non-filers, beginning October 1, as part of its efforts to achieve an annual tax target of approximately Rs12,970 billion. Final tax notices will be issued to millions of non-filers as the FBR seeks to enhance compliance. According to FBR\u2026","rel":"","context":"In &quot;Business&quot;","img":{"alt_text":"FBR massive crackdown on non-filers from Oct 1st to meet tax target","src":"https:\/\/i0.wp.com\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2024\/09\/FBR-massive-crackdown-on-non-filers-from-Oct-1st-to-meet-tax-target.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":5596,"url":"https:\/\/dailyrapidnews.com\/eng\/2021\/02\/28\/fbr-issues-tax-notices-to-2-1-million-pakistanis\/","url_meta":{"origin":20230,"position":2},"title":"FBR issues tax notices to 2.1 million Pakistanis","date":"February 28, 2021","format":false,"excerpt":"The Federal Board of Revenue has issued notices tax notices to 2.1 million people across the country, it said Sunday. These individuals either didn\u2019t file their returns, misinformed the tax authorities or hid their income, the FBR said in a statement. The number of tax filers in Pakistan has increased\u2026","rel":"","context":"In &quot;Business&quot;","img":{"alt_text":"FBR-FBR-issues-tax-notices-to-21-million-Pakistanis-rapidnews-rapid-news-dailyrapid-dailyrapidnews","src":"https:\/\/i0.wp.com\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/02\/FBR-FBR-issues-tax-notices-to-21-million-Pakistanis-rapidnews-rapid-news-dailyrapid-dailyrapidnews.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":12181,"url":"https:\/\/dailyrapidnews.com\/eng\/2021\/10\/30\/prime-minister-congratulates-fbr-over-tax-collection\/","url_meta":{"origin":20230,"position":3},"title":"Prime Minister Congratulates FBR Over Tax Collection","date":"October 30, 2021","format":false,"excerpt":"ISLAMABAD: Prime Minister Imran Khan Saturday congratulated the Federal board of Revenue for achieving the tax collection of Rs 1,840 billion from July to October this year. On Twitter, the prime minister said that the tax collection during the said period was 37% higher than the last year. \"I want\u2026","rel":"","context":"In &quot;Pakistan&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20211,"url":"https:\/\/dailyrapidnews.com\/eng\/2024\/09\/30\/1-240m-declare-zero-taxable-income\/","url_meta":{"origin":20230,"position":4},"title":"1.240m declare zero taxable income","date":"September 30, 2024","format":false,"excerpt":"Today marks the last date for the submission of income tax returns for 2024, with over 3.385 million individuals having already filed their returns, according to the Federal Board of Revenue (FBR). Despite the significant rise in tax filings compared to last year, a large portion of individuals with taxable\u2026","rel":"","context":"In &quot;Business&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2024\/09\/a-6.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":20493,"url":"https:\/\/dailyrapidnews.com\/eng\/2024\/11\/20\/fbrs-massive-action-against-tax-evaders-targets-non-filers\/","url_meta":{"origin":20230,"position":5},"title":"FBR\u2019s massive action against tax evaders, targets non-filers","date":"November 20, 2024","format":false,"excerpt":"The Federal Board of Revenue (FBR) continues its crackdown on tax evaders across the country, focusing on major non-filers and individuals under-disclosing their taxable income. According to sources, data on non-filers and under-tax payers is being shared with field formations to facilitate swift action. Notices will be issued to tax\u2026","rel":"","context":"In &quot;Business&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2024\/11\/a-37.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/posts\/20230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/comments?post=20230"}],"version-history":[{"count":1,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/posts\/20230\/revisions"}],"predecessor-version":[{"id":20232,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/posts\/20230\/revisions\/20232"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/media\/20231"}],"wp:attachment":[{"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/media?parent=20230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/categories?post=20230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/tags?post=20230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}