New updates to the electronic income tax return form have been issued by the Federal Board of Revenue (FBR) in Tax Year 2025. The modified version will simplify tax returns of both salaried people and small enterprises. This news was announced by the Federal Finance Minister Muhammad Aurangzeb in his speech on the budget of the fiscal year on June 10, 2025.
The new electronic income tax return form replaces the previous 800-column version and now focuses on seven key information categories. Despite being labelled “simplified,” the form extends across 25 pages and is applicable to salaried individuals, small business owners, and professionals.
The updated form is part of the IRIS e-filing system and was notified through:
- S.R.O. 1212(I)/2025 – Draft return form for companies
- S.R.O. 1213(I)/2025 – Amendments to Income Tax Rules, 2002
The feedback can be provided by the stakeholders not later than seven days after the official Gazette notification. The alterations are in section 237 of the Income Tax Ordinance, 2001.
Income Tax Filing Deadline 2025
- Individuals and AOPs: September 30, 2025
- Companies: December 31, 2025
- Threshold: Individuals earning above PKR 600,000 annually must file returns
Income Tax Slabs in Pakistan 2025
- Income up to PKR 600,000: Tax-exempt
- Income from PKR 600,000 to PKR 1,200,000: Taxed at 1%
- Higher income: Progressive tax rate increases based on income level
The Finance Act 2025 includes adjustments in tax slabs, including relief for low and middle-income salaried taxpayers.
Households and people required to pay and file returns on due dates in order to be included in the ATL. The ATL is revised once a year on the 1st of March. Section 182 of the Income Tax Ordinance 2001 impose penalty on non-filers.
 issued new updates to the electronic income tax return form, effective for Tax Year 2025. The revised form aims to streamline the tax filing process for salaried individuals and small businesses. The announcement was made by Federal Finance Minister Muhammad Aurangzeb during the fiscal budget speech on June 10, 2025.){kind=link}