Federal Board of Revenue (FBR) has registered a landmark 55 percent increase in the number of Income Tax returns filed until 10th of October this year as compared to the corresponding period last year. 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 the same date, registering an impressive increase of 55 percent.

The increase in the filing of Income Tax returns envisages the confidence of taxpayers upon the policies of the Government, FBR, as well as the stability of e-filing system. FBR, as a part of its ongoing strategy, is committed to providing seamless availability round the clock by using modern techniques to bring about efficiency and effectiveness in tax collection.-PR

Copyright Business Recorder, 2018