• Monday, December 17, 2018

Late filers will not get status of filers: FBR

Discussion in 'Pakistan Economy' started by frost7, Sep 15, 2018.

  1. frost7

    frost7 FULL MEMBER

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    Federal Board of Revenue (FBR) has said that as per amended law the annual income tax returns furnished after due date will not be treated as filer of return or will not make place on the Active Taxpayers List (ATL).
    The FBR said that this amendment to income tax laws will be applicable on returns filed for tax year 2018.

    Source: https://www.pkrevenue.com/taxation/late-filers-will-not-get-status-of-filers-fbr/
     
  2. Retired Troll

    Retired Troll ELITE MEMBER

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  3. Hakikat ve Hikmet

    Hakikat ve Hikmet SENIOR MEMBER

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    What does it mean? Late filers = criminals = confiscation of their wealth?????
     
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  4. Baghial

    Baghial SENIOR MEMBER

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    no-no
    late filers are noblesman of pakistan.... they are only required to file a death certificate
     
  5. Retired Troll

    Retired Troll ELITE MEMBER

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    Subah se cheekh rahe ho. Masla kiya hai?
     
  6. Baghial

    Baghial SENIOR MEMBER

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    playing trumpt to deaf
     
  7. Retired Troll

    Retired Troll ELITE MEMBER

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    How is this a wise thing?
     
  8. Baghial

    Baghial SENIOR MEMBER

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    ask beethoven
     
  9. Retired Troll

    Retired Troll ELITE MEMBER

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    He dead. He deaf.

    Do you understand Arabic? Like summum bukmum?

    Stop exploding in every thread.
     
  10. Baghial

    Baghial SENIOR MEMBER

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    you probably never heard beethoven----otherwise u wont call him dead ..
    try Symphony No. 2 ('Resurrection')
     
  11. Retired Troll

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    Are you dead that you need to ressurect?
     
  12. Thorough Pro

    Thorough Pro ELITE MEMBER

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    Make it simple you idiots.
    Charge a higher interest rate on late filing (only if tax is outstanding)



     
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  13. Fawadqasim1

    Fawadqasim1 FULL MEMBER

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    This is bullshit
     
  14. AZADPAKISTAN2009

    AZADPAKISTAN2009 ELITE MEMBER

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    State can legally contact your work and ask them to deduct money from Salary or face prison or get you fired

    1) State can come after your property
    2) State can come after your car
    3) State can come after your Job and Salary if you don't pay Taxes
    4) State can come after your bank balance
    5) State can come sell your items you own (Car , Bicycle , Chaddi )
    6) 10,000 Acre land and you pay 10 rupee property tax sorry that need to be confiscated


    Simplest is to confiscate Property
    Property is 3-4 Crore Rupee , confiscate and Sell it to highest bidder and recover cost
     
  15. I.R.A

    I.R.A ELITE MEMBER

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    This is one most stupid legal provision. In a country where a large number of people already don't file their annual income tax returns, you are discouraging the ones that are willing to file, be it late. And it's not easy for everyone to file their online income tax returns using a web portal.

    Late fine / fees would have made sense, but declaring them non active for income tax is the most stupid and idiot thing to do.
     
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