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

News Image

MG News | August 11, 2017 at 05:24 PM GMT+05:00

0:00

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.

Related News

Name Price/Vol %Chg/NChg
KSE100 134,299.77
290.06M
0.39%
517.42
ALLSHR 84,018.16
764.12M
0.48%
402.35
KSE30 40,814.29
132.59M
0.33%
132.52
KMI30 192,589.16
116.24M
0.49%
948.28
KMIALLSHR 56,072.25
387.69M
0.32%
180.74
BKTi 36,971.75
19.46M
-0.05%
-16.94
OGTi 28,240.28
6.19M
0.21%
58.78
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,140.00 119,450.00
115,635.00
4270.00
3.75%
BRENT CRUDE 70.63 70.71
68.55
1.99
2.90%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.10
1.14%
ROTTERDAM COAL MONTHLY 108.75 108.75
108.75
0.40
0.37%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.75 68.77
66.50
2.18
3.27%
SUGAR #11 WORLD 16.56 16.60
16.20
0.30
1.85%

Chart of the Day


Latest News
July 11, 2025 at 10:56 PM GMT+05:00

Gold price in Pakistan rises Rs2,300 per tola


July 11, 2025 at 05:49 PM GMT+05:00

PKR gains 10 paisa per USD


July 11, 2025 at 05:41 PM GMT+05:00

PSX Closing Bell: Bulls Serenade The Bourse


July 11, 2025 at 05:06 PM GMT+05:00

UBL doubles profit to Rs65bn in 1HCY25


July 11, 2025 at 04:19 PM GMT+05:00

Ideal Spinning Mills to exit spinning business



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg