The Federal Board of Revenue (FBR) on Tuesday presented sector-wise income tax return data of the last five years to the Senate Standing Committee on Finance. Excluding the categories of ‘salaried’ and ‘others’, there were more return filers in 2013 than in 2017. PM announces one-time amnesty scheme on offshore assetsTotal income tax return filers stood at 1.238 million as of February 15 of the current tax year 2017 compared to 1.391 million in 2016. In the salaried class, the return filers increased from 242,153 in 2013 to 436,812 in 2017, a net addition of 232,368 or 96% in five years. In the fertiliser industry, the return filers slipped from 84 to only 51.

Source: The Express Tribune February 21, 2018 03:53 UTC