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

News Image

By 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 131,949.07
198.95M
0.97%
1262.41
ALLSHR 82,069.26
730.83M
0.94%
764.01
KSE30 40,387.76
80.88M
1.11%
442.31
KMI30 191,376.82
77.76M
0.36%
678.77
KMIALLSHR 55,193.97
350.11M
0.22%
119.82
BKTi 35,828.25
28.42M
3.64%
1259.85
OGTi 28,446.34
6.84M
-1.02%
-293.01
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,125.00 110,525.00
107,865.00
-2290.00
-2.07%
BRENT CRUDE 68.51 68.89
67.75
-0.29
-0.42%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.75
0.78%
ROTTERDAM COAL MONTHLY 106.00 106.00
105.85
-2.20
-2.03%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.50 67.18
66.04
-0.50
-0.75%
SUGAR #11 WORLD 16.37 16.40
15.44
0.79
5.07%

Chart of the Day


Latest News
July 05, 2025 at 11:58 PM GMT+05:00

Weekly Market Roundup


July 05, 2025 at 02:57 PM GMT+05:00

National Savings Schemes see over Rs27bn inflow in May


July 04, 2025 at 10:16 PM GMT+05:00

CAT upholds CCP’s ruling against PREMA Milk


July 04, 2025 at 10:07 PM GMT+05:00

Gold price in Pakistan falls Rs1,500 per tola


July 04, 2025 at 08:01 PM GMT+05:00

TRG in Supreme Court



Top 5 things to watch in this week

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