Pakistan Income Tax Return Deadline 2025: A Comprehensive Guide (Updated September 29, 2025)
Are you a Pakistani taxpayer feeling the pressure of the September 30th income tax return deadline? Confused by recent changes and circulating rumors? You’re not alone. This guide provides a complete overview of the 2025 income tax return filing process, addressing recent developments, debunking misinformation, and offering practical advice to ensure a smooth and compliant filing experience. We’ll cover everything from the firm deadline to potential extensions, system functionality, and the recent removal of the asset valuation column.
The Bottom Line: The deadline for filing your 2025 income tax returns is September 30, 2025.No general extension will be granted.
Understanding the Current Situation
The Federal Board of Revenue (FBR) has firmly stated that the deadline for filing income tax returns for the 2025 tax year will not be extended beyond Tuesday, September 30th, 2025. This announcement comes amidst circulating reports – fueled in part by the devastating recent floods across Pakistan – suggesting a possible extension. The FBR has actively refuted these claims,emphasizing that the majority of taxpayers have not been directly impacted by the floods and have had sufficient time to fulfill their tax obligations.
This year’s filing process has been particularly scrutinized due to the initial inclusion and subsequent removal of the asset valuation column in the IRIS system. This created important confusion and anxiety among taxpayers, prompting government intervention.
Debunking Common Misconceptions
Let’s address some of the key concerns and misinformation circulating:
* will the deadline be extended due to the floods? No. While the FBR acknowledges the hardship caused by the recent floods (see https://www.dawn.com/live/pakistan-floods-2025 for ongoing updates), they maintain that a majority of taxpayers are unaffected and should meet the september 30th deadline.
* Is the IRIS system down or slow? The FBR has explicitly stated that reports of slowdowns in the Integrated Risk Information System (IRIS) are unfounded. The system is fully operational and designed to handle the volume of filings. The new, simplified income tax return form is intended to streamline the process.
* What happens if I miss the deadline? Failing to file by September 30th will result in “late-filer” status and the imposition of penalties as outlined in the relevant tax laws. These penalties can include financial charges and potential scrutiny.
Filing Your Income Tax Return: A step-by-Step Guide
- Gather Your Documents: Before you begin, collect all necessary documentation, including:
* CNIC (Computerized National Identity Card)
* income statements (Form 1099, salary slips, etc.)
* Proof of investment (property documents, stock statements, etc.)
* Bank statements
* Details of any applicable deductions or exemptions.
- Access the IRIS System: Visit the official FBR IRIS portal: https://iris.fbr.gov.pk/
- login or Register: If you’re a first-time user,you’ll need to register.existing users can log in with their credentials.
- Download the Return Form: Download the appropriate income tax return form for your income type (Salaried, business, etc.).
- Fill Out the Form: carefully and accurately complete all sections of the form.Double-check your entries to avoid errors.
- Submit Your Return: Once you’ve reviewed the form, submit it electronically through the IRIS portal.
- Payment of taxes (If Applicable): If you owe taxes,you can pay them online through the IRIS system using various methods,including internet banking and mobile wallets.
- Confirmation: Save and print a copy of your submission confirmation for your records.
The Asset valuation Column: What Happened & What It Means
The initial inclusion of a column requiring taxpayers to declare the estimated fair market value of their assets caused widespread concern. many feared this would lead to increased tax assessments and potential scrutiny.
Following significant pressure from stakeholders, Prime Minister shehbaz Sharif formed a committee led by Law Minister azam Nazeer Tarar to review the change.The committee ultimately recommended, and the Prime Minister approved
