Tag Archives: non-filers

45pc taxpayers file returns for tax year 2016 after deadline expiry


KARACHI: The higher rate of withholding tax on non-filers has yielded results as around 45 percent income tax returns for tax year 2016 filed after expiry of deadline.

Withholding tax at 0.4pc on non-filers extended up to June 30


ISLAMABAD: The government has allowed extension the applicability of reduced withholding tax rate at 0.4 percent on non-cash transactions made by non-filers of income tax returns.

FBR starts crackdown against 10,000 non-filers in property, education and service sector


ISLAMABAD: Federal Board of Revenue (FBR) will issue 10,000 notices next month to non-filers of income next as first phase of the drive against tax evaders.

Raising withholding, petroleum taxes to help enhancing tax-to-GDP ratio: IMF


ISLAMABAD: International Monetary Fund (IMF) has advised Pakistan for raising petroleum taxes and withholding taxes for increasing tax-to-GDP ratio.

FBR extends imposition of 0.4pc withholding tax rate on non-filers


ISLAMABAD: Federal Board of Revenue (FBR) has extended the imposition of withholding tax on non-cash banking transactions by non-filers up to September 30, 2017 from July 01, 2017.

SRB suspends registration of nine non-filers


KARACHI: Sindh Revenue Board (SRB) has suspended registration of nine non-compliance taxpayers as they are found non-filers for the tax period July 2016 to December 2016.

Over 20,000 taxpayers file returns to avoid automatic audit selection


ISLAMABAD: Thousands of non-filers of income tax returns have thronged the FBR online portal to comply with the obligation in order to avoid automatic selection of audit.

FBR starts audit of 200,000 non-filers


ISLAMABAD: Federal Board of Revenue (FBR) finalize strategy to audit 200,000 taxpayers, who are failed to file their annual income tax returns and wealth statement for tax year 2016.

Further tightening of laws for non-filers in budget 2017/2018: Member IR Operations


KARACHI: Federal Board of Revenue (FBR) has indicated further tightening of laws against non-filers on income tax returns in the budget 2017/2018.

FBR decides obtaining non-filers, non-complaint taxpayers’ information from SBP


KARACHI: Federal Board of Revenue (FBR) has decided to take help from State Bank of Pakistan (SBP) for retrieving data of filers and non-filers of income tax returns, whose tax deducted by banks on transaction of cash and non-cash transactions.