Islamabad, Pakistan: The Federal Board of Revenue (FBR) is set to include residents of Azad Jammu and Kashmir (AJK) in the Active Taxpayer List (ATL). This move will ensure that AJK residents are recognized as compliant taxpayers and can benefit from various tax-related incentives.
Previously, AJK residents were not included in the ATL list, which can have negative implications for businesses and individuals operating in the region.
By including AJK residents in the ATL list, the FBR aims to promote economic activity and facilitate trade in the region. FBR
This decision is expected to have a positive impact on the business environment in AJK and encourage greater participation in the formal economy.