LAHORE: The FBR has decided to put Rs 20,000 penalty on non-filers of tax returns after December 5 deadline.
It is important to mention here that FBR extended the date for filing the income tax returns till December 5 by giving the more time to taxpayers. According to available detail, there are almost 3.7 million registered taxpayers in the country and 0.4 million taxpayers have filed their returns and still many taxpayers have yet to submit returns.