As many as 1,040 Members of National Assembly, Senate and Provincial Assemblies have filed their income tax returns for Tax Year 2014 out of 1,169 parliamentarians, whereas remaining 129 are non-filers of returns for the said period, revealed the Tax Directory of parliamentarians.
The Federal Board of Revenue (FBR) Friday issued the Tax Directory of parliamentarians (tax year 2014), revealing 1,040 Members of National Assembly, Senate and Provincial Assemblies filed their income tax returns for Tax Year 2014. The directory covers income tax returns filed manually and electronically till April 10, 2015.
According to a message of Finance Minister Ishaq Dar issued Friday through tax directory, till date out of total 1,169 parliamentarians, 1,040 have filed their income tax returns for the tax year 2014 and for the remaining parliamentarians, a due process is under way.
In continuation of last year's initiative to publish a Tax Directory of members of Parliament and in exercise of powers conferred under sub-section (5) of section of 216 of Income Tax Ordinance, 2001, Finance Minister has presented the Tax Directory of parliamentarians for the tax year 2014, prepared by the Federal Board of Revenue. The precedent has set high standards of transparency. The Tax Directory provides tax details of all members of Senate of Pakistan and the National Assembly of Pakistan and the Provincial Assemblies. Chairman, Members, Chief Commissioners and Officers of FBR extended their maximum assistance to the parliamentarians in filing Income Tax Returns for the tax year 2014.
To date out of total 1169 parliamentarians, 1040 have filed their Income Tax Returns for the tax year 2014 and for the remaining parliamentarians, due process is being followed, Ishaq Dar added.
The FBR said that the directory has been tabulated from Returns filed manually and electronically (till 10 April 2015). Manually filed Returns have been entered into the system. Certain Parliamentarian, whose names are marked by *, have share income as Members of Associations of Persons. Since, Association of Persons pay tax as a separate entity, such share is not taxable in the hands of the Members. Hence, tax paid on such share is not reflected in their personal returns.
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