Missing a filing deadline in Pakistan rarely means just a slap on the wrist — Section 33 penalties for late sales tax returns were increased fivefold by the Finance Act, 2026, and the Active Taxpayer List surcharge for companies jumped from Rs 20,000 to Rs 100,000 in the same Act. This calendar tracks the recurring deadlines that catch business owners most often — FBR income tax and sales tax, SECP company filings, and Lahore Chamber of Commerce membership — with the actual current penalty for each, verified directly against the Income Tax Ordinance 2001, Sales Tax Act 1990, Companies Act 2017 and the Finance Act, 2026.
Your Next Deadlines
Calculated from today's date — showing the five nearest recurring compliance deadlines.
Annual Income Tax Return
Every individual, AOP and company registered with FBR must file an annual return of income, whether or not tax is payable.
| Taxpayer | Deadline | Source |
|---|---|---|
| Individuals & AOPs | 30 September | Section 118(3), Income Tax Ordinance, 2001 |
| Companies (tax year ending Jan–Jun, e.g. 30 June) | 31 December | Section 118(2)(a), Income Tax Ordinance, 2001 |
| Companies (other tax year ends) | 30 September following year-end | Section 118(2)(b), Income Tax Ordinance, 2001 |
Penalty for late filing (Section 182)
- Higher of 0.1% of tax payable per day of default, or Rs 1,000 per day.
- Minimum penalty: Rs 10,000 for an individual with 75% or more salary income; Rs 50,000 in all other cases.
- Maximum penalty: 200% of tax payable for that year.
- Filed late but within 1, 2 or 3 months of the due date? The penalty is reduced by 75%, 50% or 25% respectively.
- Separately, staying off the Active Taxpayer List (ATL) until you file carries an ATL surcharge — increased by the Finance Act, 2026 to Rs 25,000 (individuals), Rs 50,000 (AOPs) or Rs 100,000 (companies), up from Rs 1,000 / Rs 10,000 / Rs 20,000 respectively.
Quarterly Withholding Statement (Section 165)
Every withholding agent — anyone required to deduct or collect tax on payments — must file a quarterly statement, even in a quarter where no tax was actually withheld.
| Quarter | Deadline |
|---|---|
| January – March | 20 April |
| April – June | 20 July |
| July – September | 20 October |
| October – December | 20 January |
Penalty for late filing (Section 182)
- If the withheld tax was deposited on time and the statement is filed within 90 days of the due date: flat Rs 50,000.
- In all other cases: Rs 2,500 per day of default, subject to a minimum of Rs 10,000.
- If it's established that no tax was actually required to be withheld that quarter: flat minimum Rs 10,000.
Annual Employer Salary Statement
This is a separate filing from the quarterly withholding statement above — don't confuse the two. Every employer who deducted tax from employee salaries under Section 149 must also file an Annual Statement of Deduction of Income Tax from Salary, generally due by 31 July (about a week after the Q4 withholding statement, not on the same date). A related annual reconciliation statement covering all withholding agents is due within 30 days of the tax year end under Section 165(7).
Monthly Sales Tax Return
Under Rule 18(9) of the Sales Tax Rules, 2006, the payment and filing deadlines are not the same date:
| Step | Deadline |
|---|---|
| Payment of any tax due | 15th of the month following the tax period |
| Electronic filing of the return itself | 18th of the month following the tax period (applies whether or not any tax is payable) |
In practice: if you have nothing to pay, the 15th doesn't apply to you and the return is simply due by the 18th. If tax is payable, it must be deposited by the 15th — the return submission deadline is still the 18th either way.
Penalty for late filing (Section 33, as revised by the Finance Act, 2026)
- Flat Rs 50,000 for a return not filed by the due date.
- Or Rs 2,000 for each day of default if filed within 10 days of the due date — whichever the law applies to your case.
- These were increased from Rs 10,000 and Rs 200/day respectively — a fivefold and tenfold increase.
- Separately, unpaid tax also attracts default surcharge under Section 34, running from the 16th of the month.
SECP: Annual General Meeting & Annual Return
| Filing | Deadline | Source |
|---|---|---|
| Annual General Meeting (AGM) | Within 120 days of financial year end — around 28 October for a 30 June year-end | Section 132, Companies Act, 2017 |
| Annual Return (Form A or Form B) | Within 30 days of the AGM — around 27 November if the AGM was held on 28 October | Section 130, Companies Act, 2017 |
⚠️ SECP late-filing penalty varies by case
Unlike FBR's fixed penalty tables, SECP's Second Schedule penalty for late Form A/B filing depends on company size and how long the default continues, and SECP can now issue administrative penalty orders directly without a court order. We calculate your exact exposure once we know your company's specifics — don't assume a flat figure applies.
LCCI Membership Renewal
If your business holds Lahore Chamber of Commerce & Industry membership, the annual subscription fee is due by 31 March each year. Renewal typically also requires proof that your income tax return for the relevant financial year has been filed — so this deadline is worth tracking alongside your FBR filings, not separately.
Never miss a filing deadline again
We track FBR, SECP and chamber deadlines for our retained clients and file on your behalf — so the penalties above never apply to you.
Frequently Asked Questions
The higher of 0.1% of tax payable per day or Rs 1,000/day, minimum Rs 10,000 (mostly-salaried individuals) or Rs 50,000 (others), capped at 200% of tax payable — reduced by 75%/50%/25% if filed within 1/2/3 months late. Separately, the ATL surcharge (increased by the Finance Act 2026) is Rs 25,000/50,000/100,000 for individuals/AOPs/companies.
Rs 50,000 flat if the withheld tax was paid on time and the statement is filed within 90 days; otherwise Rs 2,500/day of default, minimum Rs 10,000. If no tax was actually required to be withheld, the minimum is a flat Rs 10,000.
20 April, 20 July, 20 October and 20 January, for the quarters ending March, June, September and December respectively.
As revised by the Finance Act 2026: a flat Rs 50,000, or Rs 2,000/day of default if filed within 10 days of the due date — up from Rs 10,000 and Rs 200/day.
AGM within 120 days of financial year end (about 28 October for a 30 June year-end); Annual Return (Form A/B) within 30 days of the AGM (about 27 November).
31 March every year, per LCCI's official renewal policy.
⚠️ General information, not legal advice
This calendar reflects the Income Tax Ordinance 2001, Sales Tax Act 1990, Companies Act 2017 and the Finance Act 2026, checked directly against FBR's, SECP's and LCCI's own published texts on 15 July 2026. Deadlines and penalties are revised by future Finance Acts and SECP notifications — confirm your exact filing position and exposure with us before a deadline passes.
