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FBR receives 800,000 tax returns till Dec 16: Asad

FBR receives 800,000 tax returns till Dec 16: Asad

ISLAMABAD: Shahid Hussain Asad, official spokesman of Federal Board of Revenue said that the Board has received about 800,000 returns of income/statements till December 16, 2013, showing a good response of the taxpayers as compared to past few years. 

Commenting on 800,000 returns of income/statements filed till December 16, Shahid Hussain Asad stated a sizeable improvement has been witnessed in filing of returns for Tax Year 2013 due to effective campaign launched by FBR as well as field formations.

The FBR Member clarified that any taxpayer who does not have the computerised payments receipts (CPRs) dated December 16 could not avail the facility to file income tax returns electronically till December 18, 2013.

FBR has received about 800,000 returns of income/statements till December 16, 2013, which are considerably more than the 711,000 returns/statements received last year. The number of returns filed this year will further increase, as an appreciable number of income tax returns are being filed to avail the benefits announced by the Prime Minister in his Tax Incentive Package for the business community.
Further, the taxpayers who have been granted extension in filing the returns will also file such returns within a week or two. The returns of companies closing their accounts by 30th June, 2013, are due on 31 December, 2013. In this way, it is expected that about 125,000 more returns (including about 25,000 of companies) will be filed by 31st December, 2013.

More than 200 Kiosks/TFCs were established throughout Pakistan on important business places/offices/Chambers where efficient staff of FBR was available for guidance and help to the taxpayers. The staff also helped the taxpayers in e-filing their returns whosesoever the taxpayers were not having the computer/net facility or necessary expertise to file returns electronically.