Federal Board of Revenue (FBR) Member Inland Revenue (Policy), Dr. Hamid Ateeq Sarwar clarified that the government is not considering any new taxation measures or a mini-budget in October 2024.

He also categorically stated that the last date for filing income tax returns would not be extended beyond September 30.

The FBR Member informed the Senate Standing Committee on Finance that the Prime Minister has only approved enforcement measures against non-filers and restrictions on non-filers, nil-filers, or filers involved in massive under-declarations or mis-declarations in returns.

He stated that there would be no mini-budget or new revenue measures in the coming days. Dr. Sarwar categorically informed the committee that the last date for filing income tax returns would not be extended beyond September 30.

The FBR Member stated that the number of return filers for the tax year 2023 has reached six million, and they are expecting more returns due to the ongoing exercise against non-filers of income tax returns.

He disclosed that 2.5 million individuals have filed zero-income returns.

The computer system would not allow financial transactions of zero-income filers until they explained their source of income or earnings, etc.