ISLAMABAD: The Federal Board of Revenue (FBR) has extended the deadline for filing income tax returns for Tax Year 2026 by 15 days, providing taxpayers additional time to submit their returns. According to an FBR statement issued on Wednesday, the deadline has been extended from September 30 to October 15, 2026.
The FBR said the extension was granted following requests from various trade bodies and tax bar associations.
Federal Board of Revenue Extends Tax Return Deadline for Tax Year 2026
Under the revised schedule, individuals and other taxpayers who were required to file their income tax returns by September 30 will now have until October 15, 2026 to complete the process.
The FBR had previously set September 30 as the deadline for filing tax returns for Tax Year 2026.
FBR Warns of Penalties for Late Filing
The extension comes after the tax collection authority warned taxpayers that failure to file returns on time could result in penalties, additional tax liabilities and possible legal action.
According to sources cited in the information provided, the penalty for individuals filing their returns after the deadline could increase from Rs. 1,000 to Rs. 25,000.
For an Association of Persons (AOP), the late-filing penalty is expected to rise from Rs. 10,000 to Rs. 50,000, while companies could face penalties of up to Rs. 100,000, compared with the existing Rs. 20,000.
FBR Urges Taxpayers to Provide Accurate Information
The FBR has also warned taxpayers against concealing assets or providing inaccurate information in their tax returns.
According to the tax authority, its modern data systems continuously receive information regarding taxpayers’ income, assets and financial transactions. The FBR has therefore urged taxpayers to provide complete and accurate information when filing their returns.
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The authority may also use bank accounts and other available mechanisms to recover outstanding tax liabilities, according to the information provided.
Taxpayers Can File Returns Online
The FBR has advised taxpayers to submit their returns through its official website or the Tax Asaan app.
Taxpayers requiring assistance can contact the FBR helpline or visit their nearest tax office.
The tax authority has urged taxpayers to fulfil their tax obligations and file their returns by the revised deadline of October 15, 2026, to avoid penalties and other potential legal consequences.
