Islamabad, Pakistan: The Federal Board of Revenue (FBR) has released the updated Active Taxpayers List (ATL) for the tax year 2024. The list reflects the number of taxpayers who filed their returns before the extended deadline of October 31, 2024.
Key Highlights:
- Total Returns Filed: A total of 5,365,939 tax returns were filed for the tax year 2024.
- Non-Filers: Approximately 1,451,796 taxpayers, active for the tax year 2023, did not file their returns by the deadline.
- ATL Inclusion for Late Filers: Taxpayers who file their returns after the deadline will be included in the ATL, but they will be subject to a late filing surcharge of Rs. 1,000.
You maybe interested in the current number of active taxpayers in Pakistan.
The FBR’s proactive approach to updating the ATL aims to ensure a comprehensive database of taxpayers and strengthen tax compliance efforts. By including late filers, the FBR aims to broaden the tax net and improve tax revenue collection.
Taxpayers are encouraged to stay updated with the latest tax regulations and deadlines to avoid penalties and ensure compliance.
