As govt aims to widen tax net, return filers shrink 17%

[Naheed Janjua]

return Filing is essentially an exercise in which the government is able to discern the source of your income and match it with the amount of tax you have paid and the assets that you have accumulated. For example, a salaried person earning say Rs. 40,000 a month which amounts to Rs. 480,000 a year. As per recent FBR Tax slab he has to pay 2% tax on all income between Rs. 400,000 and Rs. 500,000. Hence, his yearly tax will be Rs. 1600. However, in addition to filing you also have to submit a wealth statement detailing all your assets and liabilities. Now here things get tricky as people some people don't want the government to want to know the value of assets they have made. Obviously, if a person's yearly salary is Rs. 480,000, yet he owns 2 kanal bungalow, has 3 cars and a ton of cash in his bank account, then the FBR will have some legitimate questions for his as to where he got all these assets.

totally true -- but who will evaluate the FBR man -- who has salary of 1 lakh - wife wears shatoosh, diamond rings and kids go to 30k per month schools....

 

[Mumm-Ra]

totally true -- but who will evaluate the FBR man -- who has salary of 1 lakh - wife wears shatoosh, diamond rings and kids go to 30k per month schools....

Whatever that FBR man does, it does not give us the right to not file our tax return. Two wrongs does not make a right. He will be caught one way or the other, you should have a little more trust in your institutions.

 

[Bouncer]

totally true -- but who will evaluate the FBR man -- who has salary of 1 lakh - wife wears shatoosh, diamond rings and kids go to 30k per month schools....

Har kisi ne apni qabar m jana hai

We should pay our own taxes and continue to raise our voices against corruption. Someone else's sin doesn't make me entitled to sin as well.

 

[Naheed Janjua]

Har kisi ne apni qabar m jana hai

We should pay our own taxes and continue to raise our voices against corruption. Someone else's sin doesn't make me entitled to sin as well.

maybe but society as a whole sees taxes inequitable because of such reasons therefore don't pay -- they don't perceive this as being haram....hence reason why zakat is very high in Pakistan...

 

[Bouncer]

maybe but society as a whole sees taxes inequitable because of such reasons therefore don't pay -- they don't perceive this as being haram....hence reason why zakat is very high in Pakistan...

Yes, tax chori is not perceived as haram in our society. But complaining about lack of services without taxation is considered a privilege. To each their own.