Islamabad: The Federal Board of Revenue (FBR) has announced that September 30 is the final deadline for submitting income tax returns for the financial year 2023-24, as reported on August 23.
As per details, failure to meet this deadline could result in legal action and a penalty of 0.1 percent on the outstanding tax amount. Individual filers will face a minimum penalty of PKR 1,000, while other categories will incur a minimum of PKR 50,000. The FBR emphasises that individuals who frequently travel abroad, hold substantial bank balances, or own vehicles or property are required to file their tax returns.
How to apply in pitb portal application mam….