President NKATI Urges Government to Extend Income Tax Filing Deadline to December 31

Karachi: President of the North Karachi Association of Trade and Industry (NKATI), Faizal Moiz Khan, has urged the Prime Minister, Federal Minister for Finance, and the Chairman of the Federal Board of Revenue (FBR) to extend the deadline for filing income tax returns to December 31, 2025.

In a statement issued on Monday, Faizal Moiz Khan highlighted that widespread torrential rains and flooding have severely disrupted commercial, industrial, and agricultural activities across the nation. “The business community is facing immense challenges due to the extreme weather conditions. Under such circumstances, it is not feasible for taxpayers to file their returns on time,” he emphasized.

Khan also criticized the FBR for implementing last-minute modifications to the income tax return forms, which he claimed have increased confusion and difficulties for taxpayers. “These changes, made as recently as September 24, have left the business community struggling to comply,” Khan remarked.

He noted that even if the FBR’s updates are accepted, the effective deadline for filing returns, as per tax laws, would be December 24. “Therefore, the government and the FBR should not only resolve the ambiguities in the updated forms but also officially extend the filing deadline to December 31, 2025,” he advocated.

Khan underlined that such a measure would offer much-needed relief to the business sector and lead to greater tax compliance, ultimately increasing the number of returns submitted and benefiting the national treasury.