AGL 39.50 Decreased By ▼ -0.50 (-1.25%)
AIRLINK 131.70 Increased By ▲ 2.64 (2.05%)
BOP 6.81 Increased By ▲ 0.06 (0.89%)
CNERGY 4.73 Increased By ▲ 0.24 (5.35%)
DCL 8.49 Decreased By ▼ -0.06 (-0.7%)
DFML 41.45 Increased By ▲ 0.63 (1.54%)
DGKC 82.15 Increased By ▲ 1.19 (1.47%)
FCCL 33.25 Increased By ▲ 0.48 (1.46%)
FFBL 72.58 Decreased By ▼ -1.85 (-2.49%)
FFL 12.40 Increased By ▲ 0.66 (5.62%)
HUBC 110.74 Increased By ▲ 1.16 (1.06%)
HUMNL 14.40 Increased By ▲ 0.65 (4.73%)
KEL 5.18 Decreased By ▼ -0.13 (-2.45%)
KOSM 7.65 Decreased By ▼ -0.07 (-0.91%)
MLCF 38.85 Increased By ▲ 0.25 (0.65%)
NBP 63.78 Increased By ▲ 0.27 (0.43%)
OGDC 192.51 Decreased By ▼ -2.18 (-1.12%)
PAEL 25.60 Decreased By ▼ -0.11 (-0.43%)
PIBTL 7.37 Decreased By ▼ -0.02 (-0.27%)
PPL 153.85 Decreased By ▼ -1.60 (-1.03%)
PRL 25.85 Increased By ▲ 0.06 (0.23%)
PTC 17.75 Increased By ▲ 0.25 (1.43%)
SEARL 82.10 Increased By ▲ 3.45 (4.39%)
TELE 7.80 Decreased By ▼ -0.06 (-0.76%)
TOMCL 33.49 Decreased By ▼ -0.24 (-0.71%)
TPLP 8.50 Increased By ▲ 0.10 (1.19%)
TREET 16.60 Increased By ▲ 0.33 (2.03%)
TRG 57.49 Decreased By ▼ -0.73 (-1.25%)
UNITY 27.61 Increased By ▲ 0.12 (0.44%)
WTL 1.37 Decreased By ▼ -0.02 (-1.44%)
BR100 10,495 Increased By 50 (0.48%)
BR30 31,202 Increased By 12.3 (0.04%)
KSE100 98,080 Increased By 281.6 (0.29%)
KSE30 30,559 Increased By 78 (0.26%)

Like me, thousands of salaried people (even those above the Rs 0.5 million annual salary income) are not clued into enough to do e-filing of tax returns. Thousands, like me, do not even have computers at home. So why is the FBR, on IMF or World Bank pressure, insisting on e-filing of income-tax returns? This should be optional not mandatory. It is upto the FBR to explain the ground realities existing here to the WB and IMF.
In fact, the FBR will reduce their workload by accepting the annual income tax deduction certificates issued by employers as a final tax payment, excepting of course in those cases where salaried people have other sources of income as well. Such people are anyway required to submit their wealth tax returns separately. The FBR should not insist on e-filing here either.
There are minimum leakages in the income tax deducted by employers at the source. So the FBR should really focus on non-salaried people such as businessmen, landlords (land and building owners) feudals/agriculturists and big time owners of farm lands, professional people ie lawyers, doctors, consultants etc.
Making e-filing mandatory, instead of optional, for any type/category of tax payers will only force people (not clued into e-filing) to delay filing their tax returns. Besides, why should we have to incur an expense of Rs 5,000/- or more to hire tax consultants to do e-filing on our behalf? FBR please note the above and take appropriate action.

Copyright Business Recorder, 2009

Comments

Comments are closed.