377,766 tax returns received after due date: FBR

ISLAMABAD: Federal Board of Revenue (FBR) has received 377,766 tax returns for tax year 2020 after filing due date i.e. December 08, 2020.

A statement issued by FBR on Saturday said that that the taxpayers’, who filed income tax returns till December 08, 2020 were 1.78 million.

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That number has further increased to 2.19 million with the addition of 377,766 more returns filed from December 9, 2020 till the issuance of this statement.

Income Tax paid during filing of returns stood at Rs31 billion.

The number of income tax returns for previous year till the same period was 1.98 million and the tax paid was Rs. 16 billion.

This year there is two-fold increase in income tax paid with the annual returns.