Overview

• FBR granted a general extension to October 15, 2025 under Section 214A, allowing returns to be filed without penalties until the new date.
• The decision marks a U‑turn from repeated assurances through September 30 that no general extension would be given and that the portal was stable.
• Business groups and tax bars had sought more time citing flood disruptions, late form changes and heavy IRIS traffic, while some stakeholders still press for a longer window.
• FBR says late‑filer penalties remain in force after the new deadline and maintains that the IRIS platform is fully operational despite user complaints.
• The prime minister ordered removal of the estimated fair market value column and set up a committee led by the law minister to review form design, as FBR signals no further extensions are likely.