Islamabad, October 2, 2025 – The Federal Board of Revenue (FBR) is preparing to invoke strict economic restrictions on individuals who fail to file their income tax returns for the year 2025. This step comes under the newly introduced Section 114C of the Income Tax Ordinance, 2001, which was added through the Finance Act 2025. Although the clause has been legislated, its enforcement has been delayed pending a formal notification from the government. FBR sources revealed that once the extended deadline of October 15, 2025, for filing income tax returns expires, the federal government is expected to issue the required notification. This will empower the FBR to enforce restrictions designed to bring more individuals into the tax net and strengthen the economic system of documentation. What Section 114C Enforces Section 114C essentially restricts certain high-value economic activities for individuals who are classified as “ineligible persons” due to their failure to file tax returns. Some of the key restrictions include: • Non-filers will be barred from booking, purchasing, or registering motor vehicles above a specified threshold. • Applications for buying or transferring immovable property above a certain value will not be processed. • Investment accounts for securities, mutual funds, or similar instruments will not be opened or maintained if they exceed the prescribed threshold. • Banks will restrict cash withdrawals from non-filers’ accounts beyond the specified limit. These…