FBR nets 55% higher IT returns over the year

MG News | October 11, 2018 at 02:07 PM GMT+05:00

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October 11, 2018: Federal Board of Revenue (FBR) has registered a landmark increase of 55% in the number of Income Tax returns filed until 10th of October this year, over the corresponding period of prior year.

The Board has received 482,275 Income Tax returns for the Tax Year 2018, which are 170,208 units higher than the 312,067 Income Tax returns received for Tax Year 2017 by the same date. This demonstrates an impressive increase of 55%.

The increase in the filing of Income Tax returns envisages the confidence of taxpayers upon the policies of the Government, FBR, as well as the stability of e-filing system.

FBR, as a part of its ongoing strategy, is committed to providing seamless availability round the clock by using modern techniques to bring about efficiency and effectiveness in tax collection.

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