ISLAMABAD -- Regional tax offices have widened the scope of issuing tax notices to the owners of private schools and tuition centres over their failure to come into the tax roll
and pay their due taxes despite having booming business in big cities.
'This office had identified 228 garments shops/boutiques doing business activity only in the area of North Nazimabad, Karachi and they are not on tax roll
,' Inland Revenue Officer Salman Qamar had said in a report.
Taxing units send the tax bill to the "person in whose name the property is listed on the tax roll
," but "failure to send or receive the tax bill ...
Commerce Minister Nirmala Sitharamant has said the revised mid-term foreign trade policy (FTP) is to be announced few days ahead of July 1, the scheduled date for the Goods and Services Tax roll
The official further informed that more than three million tax payers are registered with FBR tax roll
but only one percent has field their returns through e-filling.
Even more shocking is the fact that six cricketers - Rana Naveed-ul-Hassan, Wahab Riaz, Asad Shafiq, Tanvir Ahmed, Yasir Arafat and Kamran Akmal - do not figure on the tax roll
The appraised value on the Pulaski County tax roll
for the 1.8-acre property was $747,740.
Key issues this year include the excise tax roll
back effort; defense of the three-tier system; responsibility efforts; and combating illegal underage purchase and consumption.
The head of the government's tax advisory panel said Friday it is necessary to consider reducing the list of income tax deductions to bring more income earners onto the tax roll
If districts do not choose one of these options, the state education commissioner can order commercial taxable property to be moved from a wealthy district onto a poor district's tax roll
. If that still doesn't reduce the taxable value to the specified level, the commissioner can order the wealthy district to be consolidated with a poor district.
We are collecting data from various sources,' Federal Board of Revenue Chairman Tariq Bajwa told the Senate Standing Committee on Finance here on Monday.Mr Bajwa said that the FBR had already approached housing authorities to collect data about investors' transactions in real estate to identify whether they exist on the tax roll
or were avoiding payment of income tax.