Islamabad, December 14, 2025 — The International Monetary Fund (IMF) has directed Pakistan’s Federal Board of Revenue (FBR) to submit detailed monthly reports on new taxpayers added to the tax net, strengthening oversight under the ongoing IMF-supported economic program.
According to the IMF country report on Pakistan, the FBR is now formally bound to share taxpayer expansion data every month, marking a significant shift toward transparency and measurable tax reforms.
What Data Must FBR Share With IMF?
Under the new reporting framework, the FBR must submit a comprehensive breakdown of newly enrolled taxpayers, covering both voluntary registrations and those added through enforcement measures.
📊 Monthly Taxpayer Reporting Requirements
The IMF has asked FBR to disclose:
• Total number of notifications issued to potential taxpayers
• Number of newly registered taxpayers, including:
o Voluntary registrations
o Registrations after official notices
• Number and total value of tax returns filed by newly registered taxpayers
• Total revenue collected from new taxpayers (voluntary and notified)
This data will allow the IMF to assess whether Pakistan’s tax base is expanding in a sustainable and enforceable manner.
Special Focus on Retail Sector Taxpayers
The IMF has also placed special emphasis on the retail sector, which remains one of the largest untaxed or under-taxed segments of the economy.
🏪 Retail Sector Data Required
FBR must now separately report:
• Number of retailers registered as new taxpayers
• Number and value of tax returns filed by newly registered retailers
• Total tax revenue collected from retail sector entrants
The move aligns with Pakistan’s commitment to bring wholesale and retail trade into the documented economy.
Reporting Deadline: Just 7 Days
⏰ The IMF has set a strict reporting timeline.
FBR must submit the complete monthly taxpayer data within seven days of the close of each month, ensuring real-time monitoring of tax reforms.
Failure to meet targets or timelines could affect program reviews and future disbursements.
Why This Matters for Pakistan’s Economy
Experts believe the requirement will:
• Increase pressure on FBR to deliver measurable results
• Reduce reliance on indirect taxation
• Improve revenue predictability
• Enhance trust between Pakistan and international lenders
📌 The monthly reporting mechanism also limits the scope for inflated or one-time taxpayer figures, as performance will now be tracked continuously.
What IMF Will Track Monthly
✔ New taxpayers added
✔ Returns filed by new entrants
✔ Revenue collected from new filers
✔ Retailers brought into tax net
✔ Compliance after enforcement notices
Final Takeaway
The IMF’s demand for monthly taxpayer expansion reports marks a turning point in Pakistan’s tax reform agenda. With strict deadlines and sector-wise disclosures, the FBR is under growing pressure to prove real progress in broadening the tax base, especially in the retail economy.
The coming months will reveal how many taxpayers are actually being netted—and how much revenue they contribute.