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FBR Receives 2.1 Million Income Tax Returns So Far

FBR Receives 2.1 Million Income Tax Returns So Far
FBR Receives 2.1 Million Income Tax Returns So Far
FBR Receives 2.1 Million Income Tax Returns So Far
FBR Receives 2.1 Million Income Tax Returns So Far

The number of taxpayers in Pakistan has risen by 700,000 over a year-long period, according to statistics of the Federal Board of Revenue (FBR). As per the FBR’s statistics, the total number of people who submitted their tax returns rose by 700,000 to a total of 2.154 million. Of these, some 700,000 are salaried people.

The FBR said proposals to levy fixed taxes were being considered to bring the small- and big-business owners into the tax net. Hailing the rise in numbers of people filing tax returns, Minister for Science and Technology Fawad Chaudhry tweeted on Sunday that so far 2.1 million people had filed their tax returns, which was the highest in the FBR’s history. “FBR has projected a target to enhance these returns numbers to 4 million for the tax year 2019,” he wrote.

https://twitter.com/fawadchaudhry/status/1155495319188246529
The FBR has already extended date for filing of income tax returns/statements for Association of Persons (AoPs) and individuals for the tax year 2018 to August 2, 2019. The date for filing of income tax returns/statements for TY18 was extended only in cases of individuals and AoPs whose returns were due on August 31, 2018 and September 30, 2018 and it was extended earlier up to June 30, 2019 and later was further extended up to August 2, 2019.

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