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Wednesday, 25 April 2018

Income Tax Returns Increase 24% Record Rate In Fiscal Year 2018

In the current fiscal year, 2017-18, by February 15, 2018, two lakh 40 thousand tax returns more than the previous year have been submitted. According to the report of the Federal Board of Revenue, 1.238 million tax returns have been made in the current fiscal year by February 15, 2018, while 9.88 million rupees were submitted during the corresponding period of the last fiscal year. Thus, the number of tax collectors deposited during the fiscal year in the last fiscal year increased 2 million 40 thousand.
On the card of Rs. 100 rupees, the mobile phone companies, who cut their money from Rs 25 percent, can get their tax thief, Pakistan crushes hundreds of rupees worth Rs. Billion, it is revealed that you do not even believe

.
Justice (retd) Javed Iqbal, chairman of the National Accountability Bureau, said that the change in NAB's work is watching the whole nation, no inquiry and investment should not be outside the scope of the law, the country is compounded with more than $ 84 billion. On the other hand, mobile phone companies do not allegedly pay about Rs.400 billion to FBR.
He expressed his views while presiding over a meeting in NAB Head Quarter. In the meeting, he had NAB Headquarters and the performance of all NAB's regional bureaus, especially those orders which were given after the responsibilities of their position. Prosecution, operation, awareness and procurement division highlighted its performance in the meeting. Chairman NAB Justice (R) Javed Iqbal said that there are about 173 decisions related to the NAB's Supreme Court, and they should read the law of NAB and should not be out of any inquiry and investigation law. He said that the country's debt is more than $ 84 billion, while on the other hand, the mobile phone companies do not allegedly pay about Rs.400 billion tax to FBR, Now only in the NAB and work, work and work will be done according to law. He expressed his satisfaction over the last 3 months report, saying that the whole nation is watching the change in the work of NAB, we have to end the country with the whole nation and eliminate the country's worst corruption and in any case, the NAB officials Will not be tolerated.

The FBR launched a widespread tax audit of mobile phone companies 

The Federal Board of Revenues (FBR) has launched a Wide Holding Tax Audit of Mobile Phones Companies. In this regard, the first Telenor Pakistan election has come into force, due to a large number of transactions, Telenor audits will take 10 to 12 weeks. According to the Member Operation Inland Revenue FBR Khawaja Tanvir in connection with the telecom audit, other mobile phone companies will be audited, according to the FBR Khawaja Tanvir, Telenor has provided the revised data for the widespread tax. The total number of customers of the Gulf was Rs.44.44 thousand, while in July 2017, totaling 9.76 million 64 thousand transactions were carried out by prepaid cards and ease loads. The relevant field officers of the Landing Unit had also visited the company's visit to see the system in connection with the data; sources said that millions of transactions will also get services for land revenue profiles for the widespread tax audit. It is likely that there is no such opportunity in the FBR for audit of telecom companies, but the High Officer of Inland Revenue rejects the impression and said that there are some technical difficulties in the audit, but it does not mean that the FBR Telecom companies do not have the capability and ability to audit, but inevitably auditing 3 It will take 4 months. 

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