Islamabad: The Income Tax Rules 2002 have undergone a significant change by the Federal Board of Revenue (FBR), which will now update the list of active taxpayers daily.
The modifications, which were approved by an SRO on October 18, 2024, will immediately add taxpayers who filed their returns for the tax year 2024 within the allotted time frame to the Active Taxpayers List under Section 237 of the Income Tax Ordinance, 2001.
However, there will be a fee for being added to the list of active taxpayers if the taxpayers do not file their taxes by the deadline.
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These changes demonstrate the FBR’s dedication to enhancing operational efficiency and openness.
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In order to ensure a more effective tax system and better delivery service, the FBR seeks to improve convenience for taxpayers and other stakeholders by streamlining procedures.