Pakistan, June 18 -- Pakistan has approved a proposal to make the filing of income tax returns fully electronic. The National Assembly's Standing Committee on Finance endorsed the move, aiming to modernise the tax system and improve compliance. The decision is expected to affect all taxpayers across the country.

Officials from the Federal Board of Revenue said tax returns will now be submitted only through the IRIS online system. They added that manual submission routes will be completely phased out under the new framework. The change is designed to ensure a uniform digital filing process nationwide.

Authorities further said company financial statements will also be submitted in machine-readable formats. They noted that some cities were...