Pakistan Tax net statistics 2016 reveal disappointing figures

Pakistan Tax net statistics 2016 reveal disappointing figures

ISLAMABAD: 845,985 people filed their income tax returns in the tax year 2016.

Of them, 769,565 people filed their returns electronically and 76,420 manually.

Tax amnesty scheme for investors in Gwadar

The government did not extend the last date for filing income tax returns beyond Dec 31, 2016, which is one reason behind the drop.

Last year, the Federal Board of Revenue (FBR) received 1.1 million income tax returns after the deadline was extended several times, a tax official said.