Income tax return filing increases to record 2.667 million
ISLAMABAD: The income tax return filing has increased to record level of 2.667 million, according to Active Taxpayers List (ATL) for tax year 2018 released on Monday.
Continue Reading
Tag: ATL
FBR explains benefits of timely filing income tax returns
ISLAMABAD: Federal Board of Revenue (FBR) has explained benefits of filing annual income tax returns for tax year 2019 by due date i.e. September 30, 2019. The FBR in its ongoing campaign for encouraging people to file their income tax returns by due date highlighted advantages of filing by due date and also pointed out […]
Continue Reading
Late return filers may get ATL status after payment of surcharge
ISLAMABAD: Persons, who fail to file their income tax return by due date, may be included into the Active Taxpayers List (ATL) after payment of surcharge. Inclusion in ATL is mandatory to avail reduced rate of withholding tax. Through Finance Act, 2019 the rates of withholding tax have been increased 100 percent for those persons […]
Continue Reading
FBR directs gas utilities to refuse commercial, industrial connections to non-ATL persons
ISLAMABAD: Federal Board of Revenue (FBR) on Friday directed gas utilities not to provide connection to unregistered persons or not appeared on Active Taxpayers List (ATL). Chairman FBR Syed Shabbar Zaidi has sent letters to Managing Directors Sui Northern Gas Company Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) wherein he has requested that […]
Continue Reading
Withholding Tax Card: Tax rates on imports of goods for ATL, non-ATL persons
KARACHI: Federal Board of Revenue (FBR) has issued withholding tax rates on imports of goods for persons appearing on Active Taxpayers List (ATL) and for persons not on ATL under Section 148 of Income Tax Ordinance, 2001 for tax year 2019/2020 effective from July 01, 2019. According to documents made available to PkRevenue.com the FBR […]
Continue Reading
Finance Bill 2019: Money withheld of persons not appearing on ATL to be treated as unexplained
ISLAMABAD: The government has taken harsh stance against persons having taxable income but not on the tax roll. In this regard the law has been introduced under which persons not appearing on the Active Taxpayers List (ATL) and their amount withheld on transactions will be treated as unexplained. Commissioners of Inland Revenue, Federal Board of […]
Continue Reading
Active taxpayers list shows 1.88 million return filers
KARACHI: The number of active taxpayers has surged to 1.88 million for the tax year 2018 as of April 07, 2019, according to an official document released on Monday. This marks a significant increase from the previous year, reflecting a growing compliance among taxpayers in Pakistan.
Continue Reading
FBR adds over 114,000 return filers to ATL
ISLAMABAD: Federal Board of Revenue (FBR) has added over 114,000 return filers to Active Taxpayers List (ATL) following the grant of extension in filing income tax returns for Tax Year 2018 up to March 31, 2019. The FBR issued weekly updated ATL 2018 on Monday, which showed the number of active taxpayers increased to 1.75 […]
Continue Reading
FBR’s issues updated ATL, adds over 42,000 active taxpayers
ISLAMABAD: Federal Board of Revenue (FBR) updated Active Taxpayers List (ATL) on Monday and added around 42,000 taxpayers’ names since launch of new list.
Continue Reading
Late filers may be allowed for Active Taxpayers List
KARACHI: Federal Board of Revenue (FBR) may allow taxpayers who filed their returns after due date to have their names on Active Taxpayers List (ATL).FBR sources said that the finance ministry had asked the revenue body to review the issue. The ministry of finance had received many representations on the issue.The government through Finance Act, […]
Continue Reading