FBR notifies simplified e-return form for taxpayers
The Federal Board of Revenue (FBR) has released a simplified electronic income tax return form for individual taxpayers for the tax year 2025. The final form was notified through SRO1561 of 2025 after a 40-day consultation period, following the draft version’s release for public feedback on July 7 this year. The new form is currently available only in English, while the Urdu version is still awaited despite earlier government announcements. Weeks of delay in finalising the form had created uncertainty among taxpayers, which was finally resolved with the notification of the final version. The interactive return form incorporates an auto-fill system that integrates data on purchases, assets, and tax deductions at source, ultimately generating a single return upon completion. It consists of eight digital windows, each with one input column, designed for a step-by-step process.