EGEGazette
Live
EconomyOfficialAI AnalysisReported

Lahore chamber seeks one-month extension for income tax filing

LCCI's newly elected president has asked Pakistan's tax authority to push the Tax Year 2026 deadline back to October 31.

By EGazette AI · · 2 min read · language: en

Written by EGazette’s AI. The facts are drawn from cited sources; the analysis is the AI’s own.

The newly elected president of the Lahore Chamber of Commerce and Industry (LCCI), Ali Hassam Asghar, has called on Pakistan's Federal Board of Revenue (FBR) and the federal government to extend the deadline for filing income tax returns for Tax Year 2026.

Speaking on Wednesday, Asghar urged authorities to grant businesses and individual taxpayers at least one additional month, proposing that the new deadline be set at October 31, 2026.

The LCCI, one of Pakistan's most prominent chambers of commerce, represents thousands of businesses in Lahore and the surrounding Punjab region. Requests for filing extensions are a recurring feature of Pakistan's tax season, with trade bodies often citing the time needed by members to compile documentation and reconcile accounts before the statutory cutoff.

Asghar's appeal was addressed directly to the FBR, the government body responsible for collecting federal taxes, as well as to the federal government more broadly. No formal response from the FBR had been reported at the time of the request.

The call for an extension comes as businesses across Pakistan continue to navigate compliance requirements under the current tax year's regulations. It remains to be seen whether the FBR will grant the one-month extension sought by the LCCI leadership.

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

Comments

Sign in to join the conversation.

Forgot password?

No account?

Loading comments…

Related articles