FBR Will Collect Upto 17pc Additional Taxes Through Bills By Non-Filer

Business

The Federal Board of Revenue (FBR) has announced that unregistered and non-filer industrial and commercial consumers will be subject to additional taxes of up to 17%, which will be collected through their bills.

PM Imran Khan expressed confidence on Wednesday that the Federal Board of Revenue (FBR) will easily meet the yearly tax collection target of 5,829 billion rupees.

Non-filer commercial consumers would face an additional tax of five to seventeen percent on their monthly power and gas bills, according to a notice published by the FBR.

It also stated that commercial units receiving invoices between Rs30,000 and Rs40,000 will be charged an additional 12% tax, while monthly bills between Rs40,000 and Rs50,000 will be charged a 15% tax.

Consumers receiving invoices up to Rs10,000 will be charged a 5% additional tax, those receiving bills between Rs10,000 and Rs20,000 will be charged a 7% additional tax, and those receiving bills between Rs20,000 and Rs30,000 would be charged a 10% additional tax.

Consumers whose monthly bills are in the range of Rs50,000 and higher will face an extra tax of up to 17%, according to the FBR notification.

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