Pakistan, which is facing financial crisis, is now busy preparing to withdraw money from the pockets of its citizens. Actually, the government of Pakistan is going to take action against those who have not paid taxes. Reports say that the Income Tax Order has also been issued by the Federal Board of Revenue of Pakistan. According to which mobile SIM cards of 5,06,671 people in the country are going to be blocked. This action will be taken against those who have not paid tax in the year 2023.
Effort to increase tax collection: Reports say that it has also been said in the order that unless these people file taxes, their SIM cards are going to be blocked. The Telecommunication Authority of Pakistan has directed all telecom operators to follow the order of the Income Tax Department. Besides, the Telecommunication Authority has also asked all the telecom operators to submit the report regarding compliance with the order by May 15. The Federal Board of Revenue of Pakistan has identified 24 lakh people in the country who have not filed tax returns. Notice has also been issued to all of them. Of these, the Federal Board of Revenue has decided to take action against five lakh people to block SIM cards.
Number of taxpayers increased in Pakistan: Reports say that 42 lakh people have already paid taxes to the Federal Board of Revenue by March 1, 2024, which is more than last year's 38 lakh. Officials of the Federal Revenue Board have said that every week on Monday, the Board is going to release the Active Taxpayer List, in which the names of the taxpayers who have deposited the tax are going to be uploaded automatically. If the names of the taxpayers appear in the list of the Federal Revenue Board, the Telecommunication Department can reactivate their SIMs.
Reports say that in Pakistan, salaried and non-salaried people have to pay different taxes. In Pakistan no tax has to be paid on earnings of Rs 6 lakh. At the same time, employed people with annual income of Rs 6 lakh to Rs 12 lakh also have to pay two and a half percent tax. 12.5 per cent tax has to be paid on income of Rs 12 to 24 lakh, 20 per cent on income of Rs 24 lakh to Rs 36 lakh, 25 per cent on income of Rs 36 lakh to Rs 60 lakh and 32.5 per cent on annual income of Rs 60 lakh to Rs 1.20 crore. There is a provision of 35 percent tax on earnings more than this.
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