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ATL

Senate panel approves penalty for overstating tax credits claims in returns

June 19, 2026 by Zuha shahzad

ISLAMABAD: The Senate Standing Committee on Finance has approved a proposal to impose penalties on taxpayers who falsely claim excessive tax credits in their income tax returns, as authorities move to tighten tax compliance measures. During a committee meeting, officials from the Federal Board of Revenue (FBR) informed lawmakers that individuals found claiming tax credits […]

Filed Under: Business, Pakistan Tagged With: Active Taxpayers List, ATL, FBR, Latest, Pakistan economy, Senate Finance Committee, Tax returns

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