Tag Archives: non-filers

Restriction imposed on non-filers on purchasing immovable properties, vehicles

KARACHI: The government finally imposed restrictions on non-filers while purchasing immovable properties and vehicles through Finance Act 2018.

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.