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Home Breaking News

FBR issues NTNs to all MPs

byCustoms Today Report
03/02/2014
in Breaking News, Islamabad, Latest News
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ISLAMABAD: In an attempt to make public the tax details of members of National Assembly, Senate and provincial assemblies, FBR has issued National Tax Numbers to all non-NTN holders. The Board also directed all MPs to file their tax returns by February 7, otherwise they would be declared as non-filers in Tax Directory to be issued by February 15, 2014. 

According to sources, FBR has allocated NTNs to 39 non-National Tax Number (NTN) holder members of Punjab Assembly; 23 members of Provincial Assembly, Khyber Pakhtunkhwa; 9 Provincial Assembly members of Balochistan and 8 Members of Sindh Provincial Assembly.
FBR has issued over 100 NTNs to the non-NTN holder parliamentarians during January 2014. Sources said that 78 NTNs have been issued to the parliamentarians during the two days.

The FBR has conveyed to the non-filer parliamentarians to file the income tax returns by February 7 positively, as the FBR has to follow the directions of the Ministry of Finance for publication of the Tax Directory by February 15. In case the non-filer parliamentarians would remain unable to file returns by February 7, the FBR will be left with no option but to publish their names as non-filers.

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The Tax Directory would specify the names of the parliamentarians along with their tax status as non-filer and no-payment of taxes by February 15. Now, it depends on the NTN holders to ensure filing of returns by the given deadline of February 7, 2014.

In the first phase, tax details of parliamentarians would be made public and in the next phase tax details of all taxpayers would be published within two months.

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