More taxpayers file returns

10 Sep, 2016

Tax Directory of all taxpayers revealed that the total number of corporations, Association of Persons (AOPs) and individuals, who have filed their returns for Tax Year 2015, has increased to 1,074,418 as compared to 856,228 in tax year 2014, reflecting an increase of 2,18,190. According to the Tax Directory of all taxpayers for year ending June 30, 2015, in continuation of last two years'' initiative to publish a Tax Directory of all taxpayers, the Tax Directory of all taxpayers for the tax year 2015 has been prepared by the Federal Board of Revenue.
The Tax Directory comprises three sections ie corporations, AOPs and individuals listed in alphabetical order. The FBR said that the initiatives taken by the government to broaden the tax base are yielding results and, therefore, the total number of persons who have filed their returns and are included in this directory has risen to 1,074,418. Compared with that, in the directory for the tax year 2014 names and particulars of 856,228 were included.
The Tax Directory is a manifestation of government''s commitment to provide access to information to the general public and should help in creating public awareness, motivation and transparency. The FBR said that the directory has been tabulated from returns filed manually and electronically (till 08-Sep-2016). Manually filed returns have been entered into the system. There may be some discrepancies at the level of filing or data entry. Moreover, a considerable number of manually filed returns could not be entered into the system despite best efforts due to missing mandatory identifiers on the returns.
Taxpayers are requested to review their returns data and if there is any discrepancy in their published data or the return is not available in the directory, it may be brought to the notice of the Member (IR-Operations), FBR House, Constitution Avenue, Islamabad, (Phone No: 051-9201561; email address: memberiroperations@fbr.gov.pk) by 30-Sep-2016. Based on this feedback, the Directory shall be updated accordingly.
Parliamentarians Tax Directory for year ended June 30, 2015, said in continuation of last two years'' initiative to publish a Tax Directory of Members of Senate, National Assembly and Provincial Assemblies. Tax Directory of Parliamentarians for the tax year 2015 has been prepared by the FBR. This precedent has set high standards of transparency and will go a long way towards promoting tax culture in the society. The Tax Directory provides tax details of all members of Senate of Pakistan, the National Assembly of Pakistan as well as the Provincial Assemblies. Chairman, Members and officers of FBR extended their maximum assistance to the honourable Parliamentarians in the filing of Income Tax Returns for the tax year 2015.
The Directory has been tabulated from Returns filed manually and electronically (till 08-Sep-2016). 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, FBR added.

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