{"id":93346,"date":"2023-04-11T15:33:52","date_gmt":"2023-04-11T10:33:52","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=93346"},"modified":"2023-04-11T15:33:54","modified_gmt":"2023-04-11T10:33:54","slug":"fbr-retailers-income-sales-tax","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-retailers-income-sales-tax.html","title":{"rendered":"FBR reports stats of retailers\u2019 income tax, sales tax deposits in FY-22"},"content":{"rendered":"\n<p>Lahore: The Federal Board of Revenue (FBR) has reported the statistics of retailers who filed income tax returns and paid sales tax in the fiscal year (FY) 2021-22, according to news published on April 11.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/property-valuation-rates-for-fy-24.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR, provinces to jointly determine property valuation rates for FY-24<\/a><\/p>\n\n\n\n<p>According to the details, FBR Member Inland Revenue (Policy) Afaq Ahmed Qureshi unveiled the figures to the sub-committee of the National Assembly Standing Committee on Finance at the FBR Headquarters. He said that 2.3 million retailers deposited sales tax of PKR 6 billion in FY-22 under the fixed sales tax regime but only 0.133 million filed income tax returns.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/fbr-releases-active-taxpayers-list.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR releases latest \u2018Active Taxpayers\u2019 List\u2019<\/a><\/p>\n\n\n\n<p>The <a href=\"https:\/\/www.zameen.com\/news\/fbr-sales-tax-unregistered-tier-1-retailers.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR <\/a>member inland revenue also informed that the estimated income tax returns from these retailers should be around 700,000, which will generate an estimated revenue of PKR 42 billion. It was also stated that the new income tax return for retailers will be rolled out during the current fiscal year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The Federal Board of Revenue (FBR) has reported the statistics of retailers who filed income tax returns and paid sales tax in the fiscal year (FY) 2021-22, according to news published on April 11. Read: FBR, provinces to jointly determine property valuation rates for FY-24 According to the details, FBR Member Inland Revenue (Policy) Afaq Ahmed Qureshi unveiled the figures to the sub-committee of the National Assembly Standing Committee on Finance at the FBR Headquarters. He said that 2.3 million retailers deposited sales tax of PKR 6 billion in FY-22 under the fixed sales tax regime but only 0.133 million filed income tax returns. Read: FBR releases latest \u2018Active Taxpayers\u2019 List\u2019 The FBR member inland revenue also informed that the estimated income tax returns from these retailers should be around 700,000, which will generate an estimated revenue of PKR 42 billion. It was also stated that the new income tax return for retailers will be rolled out during the current fiscal year.<\/p>\n","protected":false},"author":83,"featured_media":75334,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[56855,19230],"persona":[],"class_list":{"0":"post-93346","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"tag-fbr-reports-stats-of-retailers-income-tax-sales-tax-deposits-in-fy-22","9":"tag-federal-board-of-revenue-fbr","10":"cat-15015-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FBR reports stats of retailers\u2019 income tax, sales tax - Zameen News<\/title>\n<meta name=\"description\" content=\"The Federal Board of Revenue (FBR) has reported the statistics of retailers who filed income tax returns and paid sales tax in the fiscal....\" \/>\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-retailers-income-sales-tax.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR reports stats of retailers\u2019 income tax, sales tax - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The Federal Board of Revenue (FBR) has reported the statistics of retailers who filed income tax returns and paid sales tax in the fiscal....\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-retailers-income-sales-tax.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-11T10:33:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-11T10:33:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/FBR.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Iqra Masood\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Iqra Masood\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FBR reports stats of retailers\u2019 income tax, sales tax - Zameen News","description":"The Federal Board of Revenue (FBR) has reported the statistics of retailers who filed income tax returns and paid sales tax in the fiscal....","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/fbr-retailers-income-sales-tax.html","og_locale":"en_US","og_type":"article","og_title":"FBR reports stats of retailers\u2019 income tax, sales tax - Zameen News","og_description":"The Federal Board of Revenue (FBR) has reported the statistics of retailers who filed income tax returns and paid sales tax in the fiscal....","og_url":"https:\/\/www.zameen.com\/news\/fbr-retailers-income-sales-tax.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2023-04-11T10:33:52+00:00","article_modified_time":"2023-04-11T10:33:54+00:00","og_image":[{"width":1170,"height":400,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/FBR.jpg","type":"image\/jpeg"}],"author":"Iqra Masood","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Iqra Masood","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/fbr-retailers-income-sales-tax.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/fbr-retailers-income-sales-tax.html"},"author":{"name":"Iqra Masood","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/377abfe4dc60870161cf052d458a2925"},"headline":"FBR reports stats of retailers\u2019 income tax, sales tax deposits in FY-22","datePublished":"2023-04-11T10:33:52+00:00","dateModified":"2023-04-11T10:33:54+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/fbr-retailers-income-sales-tax.html"},"wordCount":169,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/fbr-retailers-income-sales-tax.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/FBR.jpg","keywords":["FBR reports stats of retailers\u2019 income tax &amp; sales tax deposits in FY-22","Federal Board of Revenue (FBR)"],"articleSection":["Legal &amp; Taxation"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/fbr-retailers-income-sales-tax.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/fbr-retailers-income-sales-tax.html","url":"https:\/\/www.zameen.com\/news\/fbr-retailers-income-sales-tax.html","name":"FBR reports stats of retailers\u2019 income tax, sales tax - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/fbr-retailers-income-sales-tax.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/fbr-retailers-income-sales-tax.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/FBR.jpg","datePublished":"2023-04-11T10:33:52+00:00","dateModified":"2023-04-11T10:33:54+00:00","description":"The Federal Board of Revenue (FBR) has reported the statistics of retailers who filed income tax returns and paid sales tax in the fiscal....","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/fbr-retailers-income-sales-tax.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/fbr-retailers-income-sales-tax.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/fbr-retailers-income-sales-tax.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/FBR.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/FBR.jpg","width":1170,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/fbr-retailers-income-sales-tax.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"FBR reports stats of retailers\u2019 income tax, sales tax deposits in FY-22"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/377abfe4dc60870161cf052d458a2925","name":"Iqra Masood","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/05\/istockphoto-917649844-170667a-96x96.jpg","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/05\/istockphoto-917649844-170667a-96x96.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/05\/istockphoto-917649844-170667a-96x96.jpg","caption":"Iqra Masood"},"description":"Iqra holds BS in International Relations and is passionate about writing engaging content on trending real estate topics. When not working, she is either spending time with family, shopping, or discussing shows &amp; movies.","sameAs":["http:\/\/zameen.com"],"url":"https:\/\/www.zameen.com\/news\/author\/iqramasood"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/93346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/83"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=93346"}],"version-history":[{"count":1,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/93346\/revisions"}],"predecessor-version":[{"id":93347,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/93346\/revisions\/93347"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/75334"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=93346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=93346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=93346"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=93346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}