AIRLINK 196.38 Increased By ▲ 4.54 (2.37%)
BOP 10.11 Increased By ▲ 0.24 (2.43%)
CNERGY 7.75 Increased By ▲ 0.08 (1.04%)
FCCL 38.10 Increased By ▲ 0.24 (0.63%)
FFL 15.74 Decreased By ▼ -0.02 (-0.13%)
FLYNG 24.54 Decreased By ▼ -0.77 (-3.04%)
HUBC 130.38 Increased By ▲ 0.21 (0.16%)
HUMNL 13.73 Increased By ▲ 0.14 (1.03%)
KEL 4.60 Decreased By ▼ -0.07 (-1.5%)
KOSM 6.19 Decreased By ▼ -0.02 (-0.32%)
MLCF 44.85 Increased By ▲ 0.56 (1.26%)
OGDC 206.51 Decreased By ▼ -0.36 (-0.17%)
PACE 6.58 Increased By ▲ 0.02 (0.3%)
PAEL 39.77 Decreased By ▼ -0.78 (-1.92%)
PIAHCLA 17.20 Decreased By ▼ -0.39 (-2.22%)
PIBTL 7.99 Decreased By ▼ -0.08 (-0.99%)
POWER 9.20 Decreased By ▼ -0.04 (-0.43%)
PPL 178.91 Increased By ▲ 0.35 (0.2%)
PRL 38.93 Decreased By ▼ -0.15 (-0.38%)
PTC 24.31 Increased By ▲ 0.17 (0.7%)
SEARL 109.27 Increased By ▲ 1.42 (1.32%)
SILK 1.00 Increased By ▲ 0.03 (3.09%)
SSGC 37.75 Decreased By ▼ -1.36 (-3.48%)
SYM 18.83 Decreased By ▼ -0.29 (-1.52%)
TELE 8.53 Decreased By ▼ -0.07 (-0.81%)
TPLP 12.14 Decreased By ▼ -0.23 (-1.86%)
TRG 64.76 Decreased By ▼ -1.25 (-1.89%)
WAVESAPP 12.11 Decreased By ▼ -0.67 (-5.24%)
WTL 1.64 Decreased By ▼ -0.06 (-3.53%)
YOUW 3.87 Decreased By ▼ -0.08 (-2.03%)
BR100 12,000 Increased By 69.2 (0.58%)
BR30 35,548 Decreased By -112 (-0.31%)
KSE100 114,256 Increased By 1049.3 (0.93%)
KSE30 35,870 Increased By 304.3 (0.86%)

ISLAMABAD: As many as 93 parliamentarians have not filed their income tax returns for the Tax Year 2019. According to the analysis of the Tax Directory (Tax Year 2019), apparently, 93 parliamentarians are non-filers and have not filed their income tax returns for the Tax Year 2019.

Sources said that the computerised national identity card numbers (CNICs) of 63 Parliamentarians were not visible to the FBR during the finalisation of the tax directory. The Board had contacted the Election Commission of Pakistan (ECP) and the Assemblies seeking CNICs of these Parliamentarians.

The analysis of the tax directory (Tax Year 2019) further revealed that the average income tax paid by the parliamentarian comes to around Rs789,493. Sources, referring to the tax directory, informed that a total of 1,169 Parliamentarians from the National and Provincial Assemblies and Senators filed their income tax returns.

Out of total filers, 59 parliamentarians belong to the Balochistan assembly; 110 parliamentarians from the KP Assembly, 354 parliamentarians from the Punjab Assembly, and 157 parliamentarians belong to the Sindh Assembly. A total of 83 senators and three parliamentarians from the Islamabad Capital Territory filed their income tax returns for the tax year 2019.

Meanwhile, chairman FBR/secretary Revenue Division in his welcome address at the launch of the tax directory, highlighted the new additions and salient features of Parliamentarians’ Tax Directory for Tax Year-2019. He clarified that the incumbent government had decided to continue this initiative and publish Tax Directory for Tax Year 2019, after making certain important improvements.

PTI, FBR & tax directories — I

“In the previous format, only the amount tax paid by parliamentarians was reflected which caused a lot of confusion.” Therefore, learning from the past experience and with the prior approval of the government, additional columns have been added to show the income under different categories i.e. normal, presumptive, and agriculture.

Likewise, last year total tax payment by an AOP was shown in which the honorable Parliamentarian was a member, this too created confusion. This year, on advice of the Cabinet, share of the parliamentarians’ tax paid by an AOP has also been shown, he continued. At the end, the chairman FBR further explained that the FBR had tried its best to minimise mistakes.

However, in case of any human or technological error, the parliamentarians could approach the FBR for updating their tax record. He also stated that the Parliamentarians’ Tax Directory for Tax Year 2020 would also be published in due course.

Copyright Business Recorder, 2022

Comments

Comments are closed.