Response to fixed tax unsatisfactory
As only four new shopkeepers opted for the fixed tax scheme until the statutory deadline, Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial admitted on Wednesday that the response remained below expectations and traders defeated the good faith. The government also gave a 15-day extension in filing all tax returns after receiving 5.7 million returns by the deadline of September 30 as against the registered 19 million taxpayers. However, the chairman said the filers were 1.7 million more than September last year.