ISLAMABAD: The Federal Board of Revenue (FBR) received another 7,235 income tax returns during week ending June 4, 2017.
According to weekly Active Taxpayers List (ATL), the number of return filers has increased to 1,173,787 during the week as compared with 1,166,552 of previous week.
The new filers submitted their tax returns in order to avoid higher rate of withholding tax.
The FBR has proposed tough measures in the budget 2017/2018 for non-filers of income tax returns to compel them in discharging their liabilities.
The appearance in ATL is mandatory to avail the reduced rate of withholding tax applicable on many heads under Income Tax Ordinance, 2001.
