{"id":52561,"date":"2019-06-06T09:44:34","date_gmt":"2019-06-06T04:44:34","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=52561"},"modified":"2019-06-03T17:46:47","modified_gmt":"2019-06-03T12:46:47","slug":"fbr-recovers-pkr-13-5-billion-in-nine-months","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-recovers-pkr-13-5-billion-in-nine-months.html","title":{"rendered":"FBR recovers PKR 13.5 billion in nine months"},"content":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) has recovered PKR 13.5 billion in the first nine months of this fiscal year on the back of its ongoing campaign against tax defaulters, non-compliant high net-worth individuals (HNWI).<\/p>\n<p>Notices have also been sent to rich people in order to bring them in the tax net.<\/p>\n<p><a href=\"https:\/\/www.zameen.com\/news\/fbr-issues-alert-against-fake-tax-recovery-notices.html\" target=\"_blank\" rel=\"noopener noreferrer\">FBR issues alert against fake tax recovery notices<\/a><\/p>\n<p>Total tax demand created through all the above-mentioned initiatives is around PKR 31.2 billion and the remaining amount will be recovered after completion of the legal procedures. These individuals and entities will also be brought into the tax net.<\/p>\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/fbr-speeds-up-tax-recovery.html\" target=\"_blank\" rel=\"noopener noreferrer\">FBR speeds up tax recovery<\/a><\/p>\n<p>The drive has also helped the board document 540,000 additional tax returns in the tax year of 2018 by May 31. The total income tax returns submitted have reached PKR 1.92 million for the tax year as compared to PKR 1.38m in the corresponding period last year.<\/p>\n<p>This figure may go up as the government has extended the last date for filing of tax returns for TY18 until June 30 as part of the tax amnesty scheme.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) has recovered PKR 13.5 billion in the first nine months of this fiscal year on the back of its ongoing campaign against tax defaulters, non-compliant high net-worth individuals (HNWI). Notices have also been sent to rich people in order to bring them in the tax net. FBR issues alert against fake tax recovery notices Total tax demand created through all the above-mentioned initiatives is around PKR 31.2 billion and the remaining amount will be recovered after completion of the legal procedures. These individuals and entities will also be brought into the tax net. Read: FBR speeds up tax recovery The drive has also helped the board document 540,000 additional tax returns in the tax year of 2018 by May 31. The total income tax returns submitted have reached PKR 1.92 million for the tax year as compared to PKR 1.38m in the corresponding period last year. This figure may go up as the government has extended the last date for filing of tax returns for TY18 until June 30 as part of the tax amnesty scheme.<\/p>\n","protected":false},"author":18,"featured_media":26795,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[11835],"persona":[],"class_list":{"0":"post-52561","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-fbr-recovers-pkr-13-5-billion-in-nine-months"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FBR recovers PKR 13.5 billion in nine months - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Federal Board of Revenue (FBR) has recovered PKR 13.5 billion in the first nine months of this fiscal year on the back of its ongoing\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/fbr-recovers-pkr-13-5-billion-in-nine-months.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR recovers PKR 13.5 billion in nine months - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Federal Board of Revenue (FBR) has recovered PKR 13.5 billion in the first nine months of this fiscal year on the back of its ongoing\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-recovers-pkr-13-5-billion-in-nine-months.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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