The due date for submitting income tax returns for the tax year 2023–24 was once again extended until October 31 by the Federal Board of Revenue on Tuesday.

The deadline of October 14 was earlier. The first deadline for filing tax returns was September 30, as stated in the income tax ordinance.

A three-day bank closure in Islamabad and Rawalpindi owing to the SCO summit, along with a request for an extension from business organizations and tax bar associations, are all included in the FBR.

4.537 million income tax returns were filed as of October 14, according to the FBR, an increase of 107.83 percent over the 2.183 million forms filed during the same period last year. The FBR got 6.464 million returns for the most recent tax year. It forecasts 1.927 million more returns to match the level of previous year.

Based on initial statistics, 1.059 million new filers were enrolled throughout the same time in 2024, from July 1, 2023, to October 14, 2024.

In order to foster economic growth, Pakistan will host high-level delegations for the SCO Summit, according to remarks made on Monday by Senator Sherry Rehman, the vice president of the Pakistan People’s Party (PPP).

According to Sherry Rehman, these high-level delegations were coming to the nation for diplomatic, economic, and strategic connections after decades. She was speaking to a private TV station.

For the summit to be successful, she underlined that political parties needed to put aside their disagreements and cooperate.

In her remarks, she emphasized that Pakistan is a major actor in the shifting economic trajectory towards Asia, making the 23rd SCO summit a critical geopolitical event.

The westerly wave series is predicted to arrive in the nation on October 22, according to the Meteorological Department.

With a maximum expected to hit 34 degrees, today’s minimum temperature in Lahore is predicted to be 21 degrees Celsius. Thirty degrees Celsius is the current recorded temperature in the city.

It is observed that the humidity is at 67 percent and the wind speed is 8 km/h.

As the western winds move in, there’s a probability of rain in the northern areas starting on October 22, according to Akhtar Mahmood, the director of the meteorological department.

It’s not going to rain in Lahore, he said, even though the weather will get better.