Pakistan Income Tax Calendar – 2025

Faisal Tauheed Rao & Co., Chartered Accountants
Your Trusted Partner for Timely Compliance and Strategic Tax Management

📅 Annual and Periodic Deadlines with Legal References

---

📅 January 2025

• January 15, 2025
  ➔ Quarterly Advance Tax Payment (Section 147) — 2nd Installment for Companies, AOPs, and Individuals.
  ➔ Filing of Quarterly Withholding Tax Statement (Section 165) for Quarter 2 (October to December 2024).

• January 31, 2025
  ➔ Monthly Withholding Tax Statement (Section 165) for January deductions.

---

📅 February 2025

• February 28, 2025
  ➔ Monthly Withholding Tax Statement (Section 165) for February.

---

📅 March 2025

• March 15, 2025
  ➔ Quarterly Advance Tax Payment (Section 147) — 3rd Installment.

• March 31, 2025
  ➔ Annual Income Tax Return for companies having December 31 year-end (Section 114 read with Section 118).
  ➔ Deadline to file Revised Return if original return was filed under Section 114 and within due date (Section 114(6)).

---

📅 April 2025

• April 15, 2025
  ➔ Quarterly Withholding Tax Statement (Section 165) for January to March 2025 (Quarter 3).

---

📅 May 2025

• May 15, 2025
  ➔ Monthly Withholding Tax Statement (Section 165) for April 2025.

---

📅 June 2025

• June 15, 2025
  ➔ Quarterly Advance Tax Payment (Section 147) — Final installment.

• June 30, 2025
  ➔ Filing of Income Tax Return for companies with March 31, 2025, year-end (Section 114 read with Section 118).
  ➔ End of Tax Year 2025 (for individuals, AOPs, companies with fiscal year July–June).

---

📅 July 2025

• July 15, 2025
  ➔ Quarterly Withholding Tax Statement (Section 165) for Quarter 4 (April–June 2025).

• July 31, 2025
  ➔ Monthly Withholding Tax Statement (Section 165) for July.

---

📅 August 2025

• August 31, 2025
  ➔ Annual Income Tax Return Filing for:

  • Salaried Individuals (Section 114)

  • Business Individuals (Section 114)

  • AOPs (Section 114)
    ➔ Wealth Statement Filing under Section 116, for those required to file return.

---

📅 September 2025

• September 15, 2025
  ➔ Quarterly Advance Tax Payment (Section 147) — 1st Installment for Tax Year 2026.

• September 30, 2025
  ➔ Annual Income Tax Return Filing for Companies with June 30, 2025, year-end (Section 114 read with Section 118).

---

📅 October 2025

• October 15, 2025
  ➔ Quarterly Withholding Tax Statement (Section 165) for Quarter 1 (July–September 2025).

---

📅 November 2025

• November 15, 2025
  ➔ Quarterly Advance Tax Payment (Section 147) — 2nd Installment for Tax Year 2026.

---

📅 December 2025

• December 15, 2025
  ➔ Quarterly Advance Tax Payment (Section 147) — 3rd Installment for Tax Year 2026.

• December 31, 2025
  ➔ Closing of financial books for companies and individuals operating on a calendar year basis.
  ➔ Deadline for companies to finalize provisional accounts if financial year ends December 31.

📌 Important Special Notes with Section References

✅ Advance Tax Payments must be calculated accurately under Section 147.
✅ Monthly and Quarterly Withholding Tax Statements must be filed under Section 165.
✅ Wealth Statement requirements are mandated under Section 116.
✅ Failure to file returns within prescribed time limits may result in penalties under Section 182.
✅ Revised Return allowed under Section 114(6) if original return was filed within the due date.

🛡️ Why Work with Faisal Tauheed Rao & Co.?

At Faisal Tauheed Rao & Co., Chartered Accountants, we help you:

• Track compliance deadlines with full legal accuracy.

• File all returns, statements, and documents correctly and timely.

• Optimize your advance tax and withholding tax strategy to conserve cash flow.

• Represent you before FBR, PRA, SRB, KPRA, BRA, and other tax authorities if needed.

🚀 Stay Ahead with Us — Start Today!

✅ Book Your Free 2025 Compliance Planning Session
📩 Email us: contact@ftrconsultants.com
📞 Call us on Whatsapp: Coming Soon

Faisal Tauheed Rao & Co., Chartered Accountants — Your Reliable Partner for Tax Excellence and Growth.