Number of taxpayers increasing in FY19: FBR

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1495
  • As many as 1.63m tax returns filed in the first seven months of FY19 as compared to 1.17m tax returns in the same period last year 

ISLAMABAD: Federal Board of Revenue (FBR) has informed that the number of taxpayers in the country has increased significantly from the last fiscal year.

In a press release issued on Tuesday, FBR authorities informed that as many as 1.179 million tax returns were submitted to the tax collecting body in the first seven months of the fiscal year 2017-2018, while the body collected 1.630 million tax returns in the first seven months of the current fiscal year 2018-2019.

“However, the number of taxpayers as compared to the population of the country is very low,” the board maintained, adding that the department has been taking concrete measures to increase the number of taxpayers in the country.

The authorities stated that the number of taxpayers would increase further by the end of the current fiscal year.

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