MAC
04/11/2025
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FBR has officially released the first ATL for Tax Year 2025, revealing that *6.24 million* taxpayers have filed their income tax returns — a number that’s raised eyebrows across financial circles.
The list, published just hours after the October 31 deadline closed, reflects a considerable gap compared to last year’s performance. According to FBR sources, the ATL 2024 had included around *8.5 million* active taxpayers, meaning this year’s list shows a sharp shortfall of nearly *2.26 million*
FBR clarified that the number of active taxpayers is expected to grow as late filers continue to submit returns for inclusion in the list. The return-filing portal will remain open, allowing citizens to regularize their status by paying a nominal surcharge.
FBR has reported a revenue shortfall of *Rs198 billion* in the first quarter of fiscal year 2025, according to official sources.
From July to September, FBR collected *Rs2,885 billion* against the target of *Rs3,083 billion*. September alone accounted for the largest deficit, with collections falling *Rs138 billion* short of the monthly target. The board collected *Rs.1,230 billion* against a target of *Rs.1,368 billion*, sources said.
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