Sunday, 26 May 2024
When to File Taxes 2023 in Pakistan and what is the last date to file tax return

When to File Taxes 2023 in Pakistan?

When to File Taxes 2023 in Pakistan?

When to File Taxes 2023 in Pakistan? Here is a piece of great news for taxpayers in Pakistan the Federal Board of Revenue (FBR) has started to accept tax year 2023 tax returns. Now, you can submit your tax return for tax year 2023 without waiting for the deadline. The tax year 2023 tax returns started a week ago on 1st July 2023 on the FBR Iris portal.

What is the Due Date for Income Tax Returns?

What is the Due Date for Income Tax Returns? Taxpayers have to file their annual income tax returns every year without skipping anyone. Every year this task is required to perform before the last date to file tax returns. As per tax laws of Pakistan if you do not file tax returns within the due date then you become an inactive tax filer with FBR. Then to become a tax filer you have to file a tax return as well as pay of penalty for coming in the active taxpayers list (ATL).

See also  Taxpayer bound to make e-payment of duties and taxes over Rs 1 million: FBR

We are discussing the last date to file tax returns in Pakistan in 2023. The following schedule describes the due dates for taxpayers.

There are three types of taxpayers according to their legal form:

  • Salaried Class
  • Individual and Sole Proprietorship businesses
  • Firm, Partnership business, and Association of Persons (AOPs)
  • Company registered with SECP (it may be Private, Public, Listed, Single Member Company)

Following are the due dates for filing tax returns within due date according to the type of business:

PersonDue dates
Salaried Class
Individual & Association of Person (AOP)
On or before 30th September
CompanyOn or before 31st December
Company having a special tax yearOn or before 30th September

What is the Penalty for an Active Tax filer (ATL)?

What is the Penalty for an Active Tax filer (ATL)? Following is the list of penalty which is required to pay along with the submission of an annual income tax return for becoming an active tax filer with FBR.

  • for Salaried Persons and Individual businesses, the penalty is Rs1,000
  • for Partnership Business and Association of Persons (AOPs), the penalty is Rs10,000
  • for Public/Private Limited Companies penalty is Rs20,000
See also  Updated Penalty Provisions on failure to file the return within the due date 2021

Once you have submitted your tax return then you need to pay this penalty for active tax filer with FBR.

Subscribe Now

Sign up for  Daily Digest and get the best of News for you.

[contact-form-7 id="11414" title="Contact form 1"] - Your Tax Experts and Consultants

Welcome to

Providing Expert Tax Services for Individuals and Businesses

About Us

At, we are dedicated to providing comprehensive tax solutions tailored to meet the needs of individuals and businesses. With years of experience in the industry, our team of tax experts is equipped to handle various tax matters, including tax planning, preparation of tax returns, and compliance.

We strive to stay up-to-date with the latest tax laws and regulations, ensuring that our clients receive accurate and reliable advice. Our commitment to client satisfaction and our in-depth knowledge of the tax landscape make us the trusted choice for all your tax-related needs.

Contact Us

For inquiries or to schedule a consultation, please reach out to us: