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FBR Shockingly Misses Out on a Lowered 10-Month Tax Target by Rs. 683 Billion
The Federal Board of Revenue (FBR) has once again failed to meet its tax collection target, with the shortfall widening to Rs. 683 billion during theshare.google
FBR misses lowered tax target
Strategy is extort the $hit of the whole of Pakistan especially retailers and exporters, except for northern and central punjab.What has the government done to actually expand the tax net? Have they simply "set a target" and let somebody else work out how? What are the new policies to increase the tax base itself ?
Are expatriates classified as non-filers ??*Pakistan’s Active Taxpayer List (ATL) has bounced back, crossing 8 million filers for the second time.*
Exactly 8,014,941 individuals, businesses, and AOPs across Pakistan and Azad Jammu & Kashmir are currently active after filing their 2024-25 returns. This comes after a massive cleanup earlier where 2 million non-filers were dropped. Experts now predict the list will reach 10 million by September 30, 2026!
Being a non-filer means facing double the withholding tax on banking transactions, property, and vehicle purchases. Don't get caught off guard.
Read the full story on what this rebound means for the economy: https://taxationpk.com/pakistans-active-taxpayer-list-crosses-8-million-mark-for-the-second-time/
Check if your name is still on the active list right now. Our tracking tool updates daily and doesn't require any annoying captchas: taxationpk.com/atl-status
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