Tax Filing Deadline: Another 15-Day Extension Sought

Tax Filing Deadline: Another 15-Day Extension Sought

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has formally asked the Federal Board of Revenue (FBR) to extend the income tax filing deadline for the Tax Year 2025. The current due date, set for October 15, has proven difficult for many taxpayers. The FPCCI proposed a new deadline of October 31 to allow additional time for accurate and stress-free submissions.

FPCCI President Highlights Ongoing Difficulties

FPCCI President Atif Ikram Sheikh stated that taxpayers are struggling due to unavoidable delays in receiving necessary financial documents. In his letter to FBR Chairman Rashid Mahmood Langrial, he emphasized that both individuals and businesses are finding it hard to complete their filings on time. These challenges, he explained, have created a strong need for an extension to avoid widespread non-compliance.

Technical Glitches Disrupt Filing Process

One of the major issues highlighted by the FPCCI is the technical instability of the FBR’s online portal. Many taxpayers have complained about frequent slowdowns and unexpected errors when trying to upload their returns. Such technical barriers make it nearly impossible for filers to meet the set deadlines, particularly for those managing large volumes of data and financial transactions online.

ERP Integration Adds to Taxpayer Strain

Another significant hurdle involves integrating Enterprise Resource Planning (ERP) systems with the FBR’s digital invoicing framework. The FPCCI noted that many businesses are facing compatibility problems that prevent smooth synchronization of financial records. This delay in digital alignment not only slows down the filing process but also increases the risk of data errors and incomplete documentation.

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Call for a Taxpayer-Friendly Approach

Sheikh urged the FBR to adopt a more understanding and taxpayer-friendly stance. He emphasized that genuine operational constraints are preventing timely compliance and that punitive actions would only increase frustration. The proposed extension, he said, would offer relief to hardworking taxpayers who are committed to meeting their legal obligations despite the ongoing challenges.

Businesses Seek Relief Amid Pressure

According to the FPCCI, businesses across Pakistan are under immense pressure as they attempt to gather verified records and meet technical demands. Many firms rely on accountants and auditors who are overwhelmed by tight schedules. A short extension, the FPCCI believes, will enable them to finalize their documentation properly, ensuring accuracy and transparency in the national tax system.

Extension May Boost Tax Compliance

The FPCCI argued that extending the deadline would not only provide relief but also improve overall tax compliance. When taxpayers are given adequate time, they are more likely to file complete and accurate returns. The chamber’s statement concluded that a cooperative and flexible approach from the FBR will ultimately strengthen Pakistan’s revenue base and build greater trust between the business community and tax authorities.

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