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Taxpayers

FBR registers 55% increase in tax returns

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday said that it has registered a landmark 55 percent increase in the number of income tax returns filed until October 10, 2018 as compared to the corresponding period last year. "FBR has until 10.10.2018 received 482,275 Income Tax returns for the Tax Year 2018, which are 170,208 more than the 312,067 Income Tax returns received for Tax Year 2017 by the same date, registering an impressive increase of 55%," reads a statement issued by FBR The FBR statement said that…

FBR launches ‘Offline mode’ to help prepare tax returns

ISLAMABAD: For the ease of taxpayers, the Federal Board of Revenue (FBR) has introduced an offline application mode to make it hassle free for the people to prepare their income tax return and wealth statement without internet connectivity.  An official statement released by the board read that the new offline application system will enable taxpayers to fill out returns in offline mode and the forms can be submitted later according to the convenience of taxpayers. This new mode will not require taxpayers to remain…

FBR shifts focus on finding new taxpayers: special assistant to PM on revenue

ISLAMABAD: Special Assistant to Prime Minister on Revenue Haroon Khan has said Federal Board of Revenue (FBR) has been making concerted efforts for the broadening of tax base and the focus has shifted from burdening the existing taxpayers to finding new taxpayers. "All our energies are now concentrated on finding new taxpayers through an extensive taxpayer outreach programme which has helped us get a significant number of additional taxpayers till now as compared to the corresponding period last year," he said while…