Business Desk 
Sep 26, 2025
The Federal Board of Revenue (FBR) has announced the removal of the 'estimated market value column' from the 2025 income tax return form.
The decision to scrap the "estimated market value" column was reportedly taken on the directives of the prime minister to ease the tax filing process for citizens.
The PM formed a committee, chaired by Federal Minister for Law Senator Azam Nazeer Tarar, to review this new requirement.
On Friday, during the meeting of the committee — consisting of key figures such as the petroleum minister, the finance minister, the attorney general for Pakistan, and the FBR chairman — it was decided that the new column should be removed to simplify the tax filing process.
The committee was also tasked with assessing the impact of declaring the estimated fair market value of both movable and immovable assets on taxpayers and recommending necessary changes.
It’s worth highlighting that this column was originally introduced for data collection to support the Economic Survey and did not affect income assessments or tax liabilities.
As the deadline for income tax filing 2025 nears, the FBR seems committed to facilitating taxpayers and encouraging all eligible individuals to file their income tax returns accurately and honestly before the deadline.
