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Home Latest News

FBR’s RTO Faisalababad collects Rs11m against Rs150m last year, shows 75% decline

29/11/2014
in Latest News, National
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FAISALABAD: The FBR Regional Tax Office (RTO) Faisalabad failed to collect as much revenue as was the last year, Customs Today learnt on Friday.

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A source revealed that the income tax return cases submitted this year were 75 percent less as compared to the last year. According to the source, the poor online e-filing system created the hurdles for the taxpayer to file their tax returns.

According to the data, this year 19,679 tax returns cases were received by the RTO Faisalabad as compared to 76,203 cases last year. The source while talking to Customs Today said the taxpayers are responsible to file the tax returns till September 30 of every year. The RTO Faisalabad received 76, 203 returns and generated Rs 150.2 million last year and this year they collected Rs 11 million by receiving 19,679 tax returns.

The source revealed that the decrease in tax returns is due to poor tax collection system. The other thing in decrease of tax returns is that the new Inland Revenue Integrated System (IRIS) is very complicated, in which five forms are given to fill online tax return. The FBR website for the submission of tax return process is very heavy and become busy due to heavy load. To attract the taxpayers, the RTO set up 16 tax relief offices in different big commercial markets but they failed to attract the taxpayers.

 

 

Tags: but they failed to attract theFBR Regional Tax Office (RTO)income tax return cases submittedInland Revenue Integrated System

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