Quantcast
Sunday , September 24 2017
Breaking News
Home / Latest News / About 58pc people think poor people bear most tax burden in country
About 58pc people think poor people bear most tax burden in country
tax

About 58pc people think poor people bear most tax burden in country

PESHAWAR: About 58 % people think that lower class bears most tax burden in Pakistan. The Gallup Pakistan has conducted a survey to know the opinion of people about the collection of taxes by the Federal Board of Revenue.

The Federal Board of Revenue, in consultation with the Provincial Revenue Authorities, has stressed the need for increasing the number of taxpayers for which steps have been taken to provide modern technology for the recently established tax collection stations and customs laws enforcement institution.

The sources at the Customs House Peshawar informed Customs Today on Tuesday when asked about the most tax paid community in Pakistan that different Web base online services have been introduced by the FBR so far to measure the burden of tax on individual consumers or know which commodity pays how much tax in any part of the country.

An industry is charged with Income Tax while Sales Tax has been put on every item which has to be made at the industry so for the reason Sales Tax has been imposed on products and Inland Revenue Services make the collections, he said. The survey also includes that 30% people said that the middle class bears more taxes.

A nationally representative sample of men and women from across the four provinces was asked “is the burden of taxes more on the rich, the poor or the middle class?” In response to this question, 12% said the tax burden is more on the upper class, 58% said on the lower class while 30% said on the middle class.

The recent survey was carried out among a sample of 1,786 men and women in rural and urban areas of all four provinces of the country. Error margin is estimated to be approximately ± 2-3 per cent at 95% confidence level.

On the one hand, most tax has been paid by those who spend more money while people of low income can marginally adjust taxes paid on daily life utilities. The best example is high prices of fruits last month for which masses demanded actions against the fruit dealers to bring decline in prices, he added.