Karachi, December 2, 2024 – The Federal Board of Revenue (FBR) has added approximately 0.3 million taxpayers to its Active Taxpayers List (ATL) for the tax year 2024 during November. The updated list now reflects 5.64 million active taxpayers as of December 1, 2024, based on income tax returns filed up to that date. The latest ATL was initially released on November 1, 2024, with 5.34 million active taxpayers. The addition of 300,000 taxpayers marks significant progress in expanding Pakistan’s tax net and improving compliance. The FBR’s updated procedures, introduced via amendments under SRO 1638(I)/2024, have modernized the ATL system. Unlike previous years, when the ATL was issued annually in March, the new framework mandates its release immediately after the tax filing deadline. Daily updates to the ATL now ensure real-time recognition of taxpayers’ compliance, allowing them to achieve active status promptly upon filing their returns. “This daily update mechanism demonstrates FBR’s dedication to operational transparency and efficiency,” an official from the FBR stated. “It ensures the ATL remains a dynamic and accurate reflection of the taxpayer base, benefiting all stakeholders involved.” Taxpayers filing their Income Tax Returns (ITR) on time, or within any granted extension, are automatically included on the ATL. Late…