Improving tax compliance - Opinion - Business Recorder
The caretaker government has set up a tax reforms taskforce to come up with recommendations to close the ‘tax...
Source: brecorder.com
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How the FBR plans to go after tax non-filers
Today, October 15, is the last day Pakistanis can file their income tax returns. After this, the Federal Board or Revenue will be tightening the noose of people who escape the tax net. Finance Minister Shaukat Tarin has warned that the government has tools to catch tax evaders. If a person doesn't file their income tax returns, their name will not appear on the Active Tax Payers list for that year. The Active Taxpayer List is a central record of online income tax return filers for the previous tax year. According to the FBR, failure to submit income tax returns will result in a daily fine of R...
Source: samaa.tv