KARACHI: Federal Board of Revenue (FBR) is making all out efforts to aware people in discharging their national duty by paying taxes and making true declaration of income and assets. Many volunteers have also come forward to help the tax agency in this national cause.
Ghulam Mohiuddin is also one of those volunteers who realize the economic conditions of the country. He contributed his efforts through a video of YouTube channel namely PakFin and explained the importance of filing of return of income.
Mohiuddin, who is a well-known media person, posted his video in Urdu language so a large number of people could understand the issue. The way of explaining the importance of return filing distinguishes this video form work of other volunteers.
The presentation shows a perfect grip of the host on the subject as he beautifully narrated the relevant provisions of return filing in the Income Tax Ordinance, 2001.
The host pointed out all those persons who are required to file their return of income irrespective of their threshold income.
Besides, he also discussed the harsh action that can be taken by the FBR under the various provisions of Income Tax Ordinance, 2001 against non-compliant individuals.
The host pointed out that for the first time the FBR had clearly mentioned in its circular for not extending the date for filing income tax return beyond December 08, 2020.