Punishing non-filers!
Collection of tax where it is NOT due is as detestable as its non-collection where it is due - Justice Nasim Sikander re CIT Companies, Lahore v State Cement of…
Of taxpayers & non-filers!
Non-collection of tax where due, is as detestable as its collection, where it is not due- CIT Companies, Lahore v State Cement of Corporation (Pvt) Ltd, Lahore 2002 PTD 1603…
Non-filer blues
Policy making in Pakistan is an amateur parlour game — everybody plays policy on TV, in drawing rooms and wherever they like and all without reading, investigating or learning about…
Non-disclosures & underperformance
Ever year Federal Board of Revenue (FBR) as Revenue Division of Ministry of Finance (MoF), issues data relating to collection of taxes and duties it administers, with an analysis highlighting…
Diminishing return filers
Total income tax return filers stood at 1.238 million as of February 15, 2018 of the current tax year 2017 compared to 1.391 million in 2016. This shows that about…
Reluctant return filers
"FBR has until 10.10.2018 received 482,275 Income Tax returns for the Tax Year 2018, which are 170,208 more than the 312,067 Income Tax returns received for Tax Year 2017 by…
We filers are idiots?
A marked deterioration in the economy, a treasury on the verge of bankruptcy and huge levels of debt made fresh fiscal measures unavoidable, the PTI's Federal Minister for Finance had…
Tax proposals for Budget 2015-IV: How to increase return filers
There is a gradual and disturbing decrease in the number of income tax filers, though over 50 million Pakistanis are paying advance income tax at source. Federal Board of Revenue…
The ‘bill’ lacks clarity
Fool me once, shame on you, fool me twice shame on me. Asad Umer, in his second innings of the first Test of the Pakistan Tehrik-i-Insaaf government, presented a supplementary…
Econ 101?
With the fifth and final year's budget during the current tenure of the Sharif administration expected to be presented to parliament before the onset of Ramazan, ie, in the current…
