Tag: non-filers
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PM Shehbaz orders immediate action to tax 4.5 million non-filers
Prime Minister Shehbaz Sharif has mandated immediate action to bring 4.5 million identified non-filers into the tax net.
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Govt may freeze non-filers’ bank accounts for not responding to tax notices
The government is contemplating new measures to enforce tax compliance and amend taxation policies as part of the amended Finance Bill 2024.
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Telecom companies block 9,000 SIMs of non-filers under FBR directive
Telecom operators have taken action by blocking the mobile SIMs of approximately 9,000 individuals who have not filed their taxes, following directives from the Federal Board of Revenue (FBR).
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Non-filers may face bank account suspension, travel bans: FBR
The Federal Board of Revenue (FBR) has issued a stern warning to individuals who have not filed their income tax returns, stating that they could face severe consequences, including the suspension of bank accounts and restrictions on both domestic and international travel via motorways and air travel.
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FBR hikes motor vehicle tax by 200% for non-filers
The Federal Board of Revenue (FBR) has implemented significant changes to the tax structure for motor vehicles in an effort to boost government revenue and encourage tax compliance. The new regulations apply to both Active Taxpayers List (ATL) filers and non-filers.
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Non-filers beware: Proposed increase in advance taxes on vehicles and utility bills
In an attempt to boost tax revenue and increase non-tax income, the Pakistan Business Council (PBC) has proposed the Federal Board of Revenue (FBR) to impose higher advance taxes on various sectors. The council’s recommendations primarily target non-filers and aim to generate additional funds for the government’s development initiatives.
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Proposed increase in advance tax on vehicle registration to impact expensive car buyers
With the upcoming budget just days away, the Federal Board of Revenue (FBR) is deliberating on measures to increase the advance tax on motor vehicle registration, particularly targeting non-filers. The proposed plan suggests raising the tax rate by 10 to 35 per cent based on the value of vehicles.