Federal Board of Revenue (FBR) makes historic achievement under PTI government

Shares
Federal Board of Revenue (FBR) makes historic achievement under PTI government

ISLAMABAD: Federal Board of Revenue (FBR) makes historic achievement under PTI government.

For the tax year 2018, FBR had received 2.7m returns — the highest number in FBR’s history. The Federal Board of Revenue (FBR) has received nearly 40 per cent more income tax returns for the tax year 2019 compared to the preceding year ahead of the Jan 31 deadline.

The board received 2.285 million tax returns until January 29 as against 1.635m returns filed in the tax year 2018.

The last date for filing of income tax returns for tax year 2019 was extended four times consecutively to facilitate individuals to file their returns.

For the tax year 2018, FBR had received 2.7m returns — the highest number in FBR’s history.

Under the World Bank funded project, one of the targets set for Pakistan is to enhance the filing of income tax returns to 3.5m until 2023.

Talking to *Dawn*, FBR spokesperson Dr Hamid Ateeq Sarwar said the last date was extended to facilitate people. It is being expected that more people will file their returns before the deadline, he added.

The bigger challenge for FBR is now to cross last year’s tax returns margin what to talk about growth over the previous year returns, he added.