2.6m filed returns, paid record Rs48.6 billion taxes until Oct 15: FBR

By: News Desk      Published: 12:29 PM, 16 Oct, 2021
tax returns
Representational image.

A Federal Board of Revenue (FBR) spokesperson has said that 2.6 million taxpayers filed returns and paid record Rs48.6 billion tax till closing date of October 15, reported 24NewsHD TV channel.

In a tweet uploaded on Saturday, the spokesperson said that the FBR has received record-high 2.6 million returns and Rs.48.6 billion tax paid with returns including Rs1.8 million returns and Rs29.6 billion tax paid with returns on the closing date.

The spokesperson said that the received amount signified 45 percent growth in the filing of tax returns while 64 percent growth in tax paid with returns.

In comparison to the incumbent year, the FBR received only 500,000 returns till October 15, 2020, and the tax paid with them was Rs9.8 billion.

Thus, the receipts and taxes have increased five times this year as compared to the previous year.

According to the spokesperson, the FBR has reached close to Rs3 million returns received on June 30, 2021, and Rs54.7 billion in taxes paid.

He said that a promotional campaign to file tax returns also helped in enhancing the tax amount received.

For the first time, FBR through cellular companies has also sent SMS to their 128.6 million consumers as reminder messages for filing tax returns.