ISLAMABAD: As many as 732,341 people filed tax returns till the deadline of December 15 against the target of 1.2 million.
The number is much less than last year’s 1.074 million even after the government extended deadline fourth time to file income tax returns for tax year 2016.
According to the FBR figure, only 631,292 people had filed their returns till December 15 last year. The number increased to 1.074 million by March 2016.
FBR spokesman Dr Mohammad Iqbal said the government would not give any further extension for filing the tax returns. There were reports that the FBR may have to extend the date till December 31.
In the first half of December, the FBR collected about Rs100 billion in taxes, which were about 24% less than the corresponding period of last year.
For the current fiscal year, parliament had approved a Rs3.621-trillion annual target and the FBR was aiming to collect one-third of it in the first five months.
