The year 2018 was been different from the previous years’ in terms of increase in number of taxpayers in Pakistan. This increase is due to numerous restrictions and taxes imposed on Non-Filers by the Govt. of Pakistan. The Federal Board of Revenue has already crossed the mark of 1.8 million taxpayers in the tax year 2018, but this isn’t enough.
Crackdown against Non-filers
Recently, state minister for revenue Mr. Hammad Azhar has stated the Government has planned a cracked down against non-tax filers in May 2019. As per his statement, there are still forty to fifty hundred thousand non-filers in our country, who are liable to file their tax return but haven’t filed yet. This crack down would badly affect those people who have their National Tax Number (NTN) and haven’t filed their tax return for the year 2018 or earning an income more than 400,000 rupees and haven’t formed their National Tax number (NTN) in order to file their tax return for the year 2018.
Government has already provided ample time
Recently, the Govt. of Pakistan announced to extend the date for filing of income tax return for the year 2018 till 31st March 2019 and it was further extended by the Federal Board of Revenue (FBR) till 30th April 2019. This is a big opportunity for those who were left out to be added in the Active tax payer list and as well as to those who are liable to file their income tax return and haven’t formed their NTN yet.
Can you become filer?
Don’t get busted and avail the opportunity before 30th April 2019 to become filer. All you need to do is follow the four simple step and add yourself in the Active Filer List (ATL)
- Get your National Tax Number. Share with us some of your personal information such as your CNIC, your Cell number and your email address.
- Update your Personal and/or your business information in Form 181.
- File your Income Tax Return. Share your salary or business income details with us and we can do the job for you
- Your Wealth details. Share with us details of asset you own and liabilities you owe and consider the job done.
Act now before the time ran out. Remember tax evader will have to face strict legal actions taken by federal board of revenue. So don’t be a tax evader, be a tax filer.