ISLAMABAD: The Federal Board of Revenue (FBR) has announced a major policy change aimed at improving transparency and efficiency in Pakistan’s tax system. Under the new amendment, individual taxpayers will now be required to submit both their income tax returns and withholding statements online.
New Tax Rules for Individuals
According to the FBR, the decision is part of a broader effort to modernize Pakistan’s tax administration and reduce paperwork. The board has drafted amendments to the Income Tax Rules 2002, making online submission compulsory for individual taxpayers.
The draft, issued under Section 237(1) of the Income Tax Ordinance 2001, has been shared publicly for consultation. The FBR has invited feedback, objections, and suggestions from taxpayers and other stakeholders within seven days of the draft’s publication in the official gazette.
Purpose of the New Amendment
The FBR explained that the purpose of this amendment is to encourage the use of digital technology in Pakistan’s taxation system. By moving to an online model, the FBR aims to make the tax filing process simpler, faster, and more transparent.
Officials said that electronic filing will help the department manage taxpayer data more effectively, reduce manual errors, and ensure that tax records remain secure and easily traceable. This step is also expected to improve overall tax compliance in the country.
Rule seventy three to Include Online Filing Requirement
The proposed draft adds a new clause underneath Rule 73 of the Income Tax Rules 2002, so as to make it obligatory for all character taxpayers to document their earnings tax returns and withholding statements electronically.
This pass is a part of the FBR’s ongoing efforts to digitize the tax machine and align Pakistan’s techniques with worldwide excellent practices.
Public Feedback and Final Approval
Before very last implementation, the FBR has opened the amendment for public consultation. Any pointers or objections received within the deadline may be reviewed cautiously before the new rule becomes regulation.
Tax specialists have welcomed this development, pronouncing it will lessen bodily visits to tax workplaces, minimize delays, and make tax submitting more handy for people across the country.
A Step Toward a Digital Tax Future
With this pass, the FBR continues its assignment to shift closer to a paperless, virtual tax surroundings, ensuring extra performance, transparency, and simplicity for taxpayers. Once accepted, this reform will mark a substantial milestone in Pakistan’s journey in the direction of modern-day and technology-pushed tax administration.
