Tax collection on demand falls 41%

The income tax collection with taxmen’s own efforts has gone done by 41% and its share in total domestic income tax collection has shrunk to less than 2% in the current fiscal year, revealed statistics compiled by the Federal Board of Revenue (FBR).

Out of the roughly Rs710 billion domestic income tax collection from July 1 to December 15 of current fiscal year, the field formations generated hardly Rs12.5 billion through the “current collection on demand”, according to the FBR figures.

Its share in the total income tax collection at the domestic stage was dismally low at 1.8%….

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