Tag Archives: non-filers

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

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

fbr

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

sindh_revenue_board

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

fbr

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

fbr

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

fbr

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

fbr

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.

Reduced rate of 0.4pc withholding tax on non-filers approved to be applicable till March 31

fbr

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved the application of reduced income tax rate of 0.4 percent for non-filers on non-cash banking transaction till March 31, 2017.

Dar directs FBR to distinct filers, non-filers for facilitating compliant taxpayers

fbr

ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar has directed Federal Board of Revenue (FBR) to distinct filers and non-filers of income tax returns in order to facilitate compliant taxpayers.

FBR taking measures to increase cost of doing business for non-filers: Rehmatullah Wazir

fbr

ISLAMABAD: Federal Board of Revenue (FBR) is taking measures to increase cost of doing business for non-filer of income tax returns in order to compel them to become part of tax system, said Rehmatullah Khan Wazir, Member, Inland Revenue.