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FBR gets info of taxpayers from provincial authorities to collect advance tax

byCT Report
24/01/2017
in Karachi, Latest News
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KARACHI: Federal Board of Revenue (FBR) has got data of taxpayers, registered with the provincial government, through Pakistan Revenue Automation Pvt Limited (PRAL) for recovery of advance tax from non-compliant taxpayers.

Sources said that a new section has been introduced for tax collection for FY 2016-17 from such non-filers, who are registered with the provincial sales tax authorities. However, the source said that the requirement to pay advance tax will not be applicable on a person who was filer of the previous tax year. They said that the provincial revenue authorities are liable to collect the amount at the time of receiving monthly returns.

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It is pertinent to mention that Punjab, Sindh and Khyber-Pakhtunkhwa have their separate revenue authorities for the collection of sales tax on services.

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