Number of net taxpayers gone up by 50% over last 4 years: Dar

Finance Minister Ishaq Dar has said the number of net taxpayers has surged by almost fifty percent over the last four years.

He was addressing a ceremony in connection with the launch of general tax directory for the fiscal year ended on June 2016.

The Minister said that over one point two million people filed their returns in 2016. He said tax revenue has enhanced from 1946 billion rupees in 2013 to 3362 billion rupees. He pointed out that this increase in revenue has been witnessed by bringing the privilege class into the tax net and gradually removing the exemptions.

Finance Minister Ishaq Dar has said the number of net taxpayers has surged by almost fifty percent over the last four years.

He was addressing a ceremony in connection with the launch of general tax directory for the fiscal year ended on June 2016. The Minister said that over one point two million people filed their returns in 2016. He said tax revenue has enhanced from 1946 billion rupees in 2013 to 3362 billion rupees.

He pointed out that this increase in revenue has been witnessed by bringing the privilege class into the tax net and gradually removing the exemptions.