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Home Lahore

FBR serves notices to 300,000 potential tax payers

byM Hayat
08/04/2016
in Lahore, Latest News
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LAHORE: Federal Board of Revenue (FBR) Chairman Nisar Muhammad Khan has said that the board has served notices on 300,000 potential taxpayers which were identified by the data of their visits to foreign countries, school fees and purchasing of luxury cars.

He added that so far about 113,000 taxpayers has filed their tax returns and they are striving hard to enhance the cost of non-filers in order to expanding the tax base as well as to improve the tax compliance culture.

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He added that about one million people were filing their tax returns adding the government was working to enhance direct taxation and it was enhanced from 30 percent to 40 percent.

Explaining to a high level committee meeting, he said that the FBR has also devised a mechanism for quick resolution of disputes and ratio of complaints have also come down form 17,000 to 12,000.

Besides, he said that the FBR was also working on suggestions for the federal budget 2016-17 to remove the legal obstacles to facilitate the taxpayers.

He said the recommendation of the committee was implemented its letter and spirit and computerized national identity card was declared as national tax number.

The committee recommended the FBR to device a mechanism to enforce people to file their tax returns in order to improve tax compliance culture as well as to expend its base.

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