Budget 2024-25 plans steps for non-filers to cough up tax

ISLAMABAD: The federal government is going to tighten the noose around the tax non-filers in budget with issuance of notices to them, citing sources ARY News reported on Wednesday.

“In case of no reply from them, the non-filers mobile phone sims, electricity and gas will be disconnected,” according to sources.

“The process of blocking sims of non-filers will continue in the next financial year,” sources said.

The government has devised a plan to enhance tax collection in the next financial year’s budget being tabled in the Parliament today.

The FBR will increase tax revenues in the next fiscal year by its enforcement plan.

In budget tax exemptions in sales tax, income tax and customs duties will be withdrawn to enhance revenues.

Moreover, the government by imposing sales tax on petroleum products, will increase tax revenues. Tax recoveries will enhance with surge in imports.

There is a proposal to slap additional tax in budget over non-filers.

Moreover, to bring the retail sector into the tax net steps being taken in the next financial year’s budget.

The FBR will collect tax from the sectors of the economy currently outside the tax net.

There is a budget proposal to impose additional tax over the real estate sector.