Number of taxpayers increases by 700,000: FBR

The number of taxpayers in Pakistan has increased by 700,000 over the last one year, according to a private media outlet.

As per the statistics shared by the Federal Board of Revenue (FBR), the total number of people who filed their tax returns rose by 700,000 to a total of 2.154 million. Of these, some 700,000 are salaried people.

The FBR further said the proposals to impose fixed taxes are being mulled in order to bring the small and big business owners into the tax net.

Hailing the rise in the numbers of people filing tax returns, Science and Technology Minister Fawad Chaudhry had tweeted that so far 2.1 million people had filed their tax returns, which was the highest in the FBR’s history.

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“FBR has projected a target to enhance these returns numbers to 4 million for the tax year 2019,” he wrote.

Earlier on July 14, Federal Board of Revenue Chairman Shabbar Zaidi had said the last date for filing tax returns for the year 2018 had been extended till August 2.

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