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Record 5.3 Million Taxpayers Listed on FBR’s Active Taxpayers List

Discover the latest tax updates: The Federal Board of Revenue’s Active Taxpayers List hits a record 5.3 million, with increased filings to avoid penalties. Stay informed on income tax trends!

Record 5.3 Million Taxpayers Listed on FBR's Active Taxpayers List

The government tax agency called the Federal Board of Revenue (FBR), has a list of people who actively pay income taxes. This list, known as the Active Taxpayers List (ATL), has reached a record high of 5.3 million as of December 26, 2023.

The FBR’s list shows that 3.69 million individuals are now paying income taxes, and 1.67 million are from corporations or groups known as Association of Persons (AOPs) listed in the ATL.

Tax experts say that more people are choosing to report their income and pay taxes to avoid getting fined. The government has increased the withholding tax rates significantly for those who don’t file their income tax returns.

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The difference in tax rates between those who file and those who don’t has become larger. This has led to more people becoming active taxpayers, as shown in the FBR’s ATL.

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