Only 2.6M returns amid putting taxpayers’ money on ads

Only 2.6M returns amid putting taxpayers’ money on ads

ISLAMABAD: Federal Board of Revenue (FBR) has received only 2.6 million tax returns against the target of 3.5 million returns for tax year 2021 despite huge spending on advertisements or media campaign.

It is interesting to note that the FBR has spent the taxpayers’ money to encourage them for filing the annual return. However, the FBR is still unable to get the desired number of return filing.

On the other hand, the FBR celebrates by claiming the record number of return filing by the last date i.e. October 15, 2021.

The FBR said it had received the highest number of returns ever in its history on October 15, 2021. As the fifteen days extended deadline ended at midnight on Friday, FBR had already received a staggering number of 2.6 million returns and collected Rs48.6 billion tax with returns as against 1.8 million returns and 29.6 billion tax paid with returns on December 8, 2020, the closing date, last year. This signifies 45 per cent growth in filing of tax returns while 64 per cent growth in tax paid with returns, it added.

However, FBR had received only 0.5 Million returns and Rs. 9.8 billion tax with returns on October 15, 2020, registering almost five times higher growth both in returns filed & tax paid with returns on the same date, last year.

Therefore, it is quite reassuring to witness that FBR is already zeroing in on 3.0 million total returns received and Rs54.7 billion tax collected with returns against the entire TY-2020, as on 30th June, 2021.

“This phenomenal growth has been made possible through a robust strategy and a comprehensive print and electronic media campaign launched by FBR.

“It was further reinforced by a vibrant campaign launched through national heroes, celebrities and public figures whose video messages went viral on social media. In yet another innovative initiative, FBR had mobilized all cellular companies to deliver a bilingual customized SMS to their combined 128.6 million subscribers across the country.

“Likewise, eminent columnists and writers were also engaged to promote a culture of tax compliance through their op-eds and columns, published in the leading national newspapers.”

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