ISLAMABAD: Federal Board of Revenue (FBR) has announced that the number of annual income tax return filers for tax year 2016 has surged to 1.11 million.
According to FBR’s weekly Active Taxpayers List (ATL), about 100,000 return filers have been added since issuance of first ATL issued on March 01, 2017. The massive increase in number of tax returns was witnessed after the FBR’s ongoing crackdown against non-filers, the official sources said, adding that only active taxpayers were able to avail the reduced rate of withholding tax.