The Federal Board of Revenue (FBR) is actively pursuing its mission to raise awareness about tax compliance and encourage citizens to fulfill their national duty by paying taxes and making accurate declarations of their income and assets.
In this national effort, several volunteers have stepped forward to assist the FBR in spreading awareness about the importance of filing tax returns.
One such volunteer is Ghulam Mohiuddin, a prominent media personality who has taken a unique approach to support FBR initiative. Using his popular YouTube channel “PakFin,” Mohiuddin produced an educational video to explain the significance of filing income tax returns. His video, delivered in Urdu, targets a broad audience, helping to bridge the knowledge gap for those who may not be fully aware of their tax obligations.
Mohiuddin’s video stands out due to its clarity and depth of explanation. His articulate presentation simplifies the complexities of tax laws, making them accessible to the average viewer. He covered key topics, including the provisions related to return filing under the Income Tax Ordinance, 2001, ensuring that his audience understands the importance of timely and accurate tax filings.
The video also highlights who is required to file their tax returns, regardless of income threshold. This includes not only salaried individuals but also those engaged in business, property owners, and other taxpayers who fall under specific categories outlined by the FBR. Mohiuddin emphasizes that even individuals who may not meet the income threshold are still required to file returns under certain conditions.
In addition to explaining the filing requirements, Mohiuddin addresses the potential consequences of non-compliance. He outlines the various legal actions the FBR can take against individuals who fail to meet their tax obligations, such as penalties, fines, and potential audits. This aspect of the video is intended to inform the public about the serious repercussions of avoiding tax responsibilities.
A particularly noteworthy aspect of the presentation is Mohiuddin’s mention of the FBR’s commitment to its deadlines. For example, in the past, the FBR clearly stated that there would be no extension to the income tax filing deadline beyond December 8, 2020, a move that underscored the authority’s firm stance on compliance.
Ghulam Mohiuddin’s efforts reflect the role that individual citizens can play in supporting national initiatives. His contribution through “PakFin” helps demystify the tax filing process, encouraging more people to comply with tax laws and contribute to the country’s financial stability.