Atif Aslam has been issued a notice by the Federal Board of Revenue (FBR) yet again for non-payment of advance tax worth 0.60 million.
According to reports, the deadline for filing the advance tax for the third quarter was March 15 and the singer failed to clear his dues by then.
Earlier in January 2021, the FBR had reportedly sent Aslam a tax notice worth 58 million after the audit of his income for the year 2018. The award-winning singer was given one month’s notice to pay the tax.
This is not the first time a member of the entertainment industry has come on FBR’s radar, few months agothe FBR had sent a notice to Rahat Fateh Ali Khan, seeking an explanation for his alleged bank accounts.
In 2019, the FBR also launched an initiative to collect tax from the citizens and requested showbiz and media personalities to declare their assets, warning them that if they don’t they will also face disciplinary action.
Meanwhile, Atif has not yet commented on the matter.
Aslam is one of Pakistan’s biggest stars. Besides having millions of fans and followers across the globe, the singer also made it to the inaugural Forbes Asia’s 100 Digital Starslist, which highlights celebrities from across the Asia Pacific region who have taken the digital world by storm.
The Federal Board of Revenue (FBR) has sent another notice to Rahat Fateh Ali Khan (RFAK), seeking an explanation for his alleged bank accounts.
According to reports, the FBR has asked RFAK to submit a reply by January 15. The singer reportedly failed to satisfy the FBR about his alleged bank accounts, after he was served with the initial notice in December 2020.
The FBR started investigating RFAK’s finances in October last year. Later, in December, the FBR traced the alleged bank accounts and the singer was asked to submit a reply by December 23.
Meanwhile, the FBR recently also sent a tax notice worth 58 million to Atif Aslam after the audit of his income for the year 2018. According to details, Aslam has been given one month’s notice to pay the tax. If the singer fails to pay the due amount, the revenue board will make the recovery by freezing his bank accounts.
The Federal Board of Revenue (FBR) has reportedly sent Atif Aslam a tax notice worth 58 million after the audit of his income for the year 2018.
According to reports, Aslam has been given one month’s notice to pay the tax. If the singer fails to pay the due amount, the revenue board will make the recovery by freezing his bank accounts.
This is not the first time a member of the entertainment industry has come on FBR’s radar. In October 2020, the FBR launched an inquiry to investigate Rahat Fateh Ali Khan’s sources of income.
Earlier in 2019, the FBR also launched an initiative to collect tax from the citizens and requested showbiz and media personalities to declare their assets, warning them that if they don’t they will also face disciplinary action.
Meanwhile, Atif is one of Pakistan’s biggest stars. Earlier, the singer made it to the inaugural Forbes Asia’s 100 Digital Starslist. The list highlights celebrities from across the Asia Pacific region who have taken the digital world by storm, according to a press release.
The Federal Board of Revenue (FBR) has received a record number of returns this year, along with the highest ever amount of income tax at the time of filing.
According to a statement issued by the FBR on Wednesday, “A total of nearly 1.8 million returns have been filed together with an amount of about Rs22 billion. Last year, around this time, 1.73 million returns were filed while about Rs13.5 billion were deposited as income tax.”
FBR said it had opted not to extend the last date to file income tax returns beyond December 8, 2020 to restore the credibility and predictability of the final date and promote tax discipline, which worked. However, to ensure that no hardship was faced by taxpayers, a number of special measures were adopted.
These included liberal acceptance of requests for extension in filing date as available under the law; provision to file requests manually besides the online facility; enabling tax practitioners/advisors to file a single request for multiple clients; and enabling the chief commissioners to set up special desks for collection of manual request and sorting their jurisdiction at their level.
The above measures have encouraged a large number of taxpayers to file extension requests, the statement read. It is estimated that at least 300,000 taxpayers have made use of this facility, thus taking the number of potential returns to 2.1 million, which is 21pc higher compared to last year until this date.
It is further clarified that the process of filing is continuing unabated. A comparison with the returns of last year at the close of the deadline, which was 30 June 2020, would be meaningful when the number of additional returns to be filed until 30 June 2021 is available.
The FBR commended the determination of taxpayers, and the support it received from members of tax bars from all over the country, who have made such record setting returns and income tax payments possible. The results establish that the decision not to allow general extension in the last date, would go a long way toward re-establishing much needed trust and credibility of the tax system.
One of the major reasons behind tax gap due to a lower number of tax filers, especially in Pakistan, is lack of awareness as there are numerous benefits of being a filer that most self-employed and salaried individuals don’t know about.
Do you wish to avail better services at airports or excise offices? Want to buy a new car at an affordable price? Or even that top-tier piece of real estate at a lower rate? Want to enjoy a minimal withholding tax on all your banking transactions? Or did you recently suffer a loss in your business and are in dire need of a tax waiver?
If your answer to even any one of these questions is ‘yes’, you immediately need to start filing your tax returns and wealth statement.
You might have thought of becoming a filer but later changed your mind because:
It’s a very complexed process
“My employer deducted it, so why should I even bother?”
Lack of knowledge and awareness regarding this matter
“We are already paying tax through indirect mean”
“Who cares? It’s Pakistan”
Being a tax illiterate can hold you back from getting so many benefits, this article will surely get you on your way to becoming a filer.
Filing your tax returns and wealth statement is beneficial for both you and your government.
And here’s how you can start doing so.
Step 1: Know FBR’s Instructions for Filing Taxes in 2020
Before we get to how to register online as a tax filer and submit your returns, it is important to go through the Federal Board of Revenue’s (FBR) recent instructions on how to file your tax return.
Take a look of the tax slabs for salaried person for tax year 2020/2021
Step 2: Get Registered with FBR E-Enrollment System Online
You can get registered with FBR here and start filing your tax returns online. Previously, FBR used to have separate portals for individuals and companies. But now, they have simplified it further for everyone.
Once signed up, you’ll see a few categories on the left. Go to the registration document in the drafts folder and fill it. When you have filled it and submitted it, FBR will confirm your account and you will be able to submit your tax returns and wealth statements.
If going online is not an option for you, then you can manually file your returns on paper at Taxpayer Facilitation Counters of your respective Regional Tax Office. Paper Return Form can be downloaded from FBR’s website as well or you can file your tax return through Tax Asaan App.
You can also consult this video for any further details.
There are few things you need to know before becoming a filer, watch this video to know about all those things:
What happens if you don’t file your taxes?
Your Income Tax Returns will not Be Entertained if:
Under section 182(1), individuals and companies need to make sure that they don’t fill in wrong details in their forms, failing which will result in penalties for the concerned parties.
CNIC should not be missing or incorrect or invalid
Mandatory fields marked by * shouldn’t be empty
Returns should be duly signed by the taxpayer or his representative (as defined in section 172 of the Income Tax Ordinance, 2001)
Returns should be filed in the prescribed form and format
As announced by the government in a press conference, the due date for all income-tax return (ITR) for FY 2019-20 has been extended from July 31, 2020, and October 31, 2020, to December 8, 2020.
This guide is not meant to be used as an exhaustive resource, however, it does explain the first step for people who are looking to contribute to Pakistan’s well-being and become responsible citizens.
The Federal Board of Revenue (FBR) and National Database and Registration Authority (NADRA) have launched a web portal through which Pakistanis can view the list of declared assets and download information for documentation and record-keeping.
The portal provides the following services that allow you to check your asset details online:
a) FBR Tax Profiling System
b) FBR Assets Inquiry System (FBR Maloomat)
The web portal created by FBR and NADRA collects your data from official sources in order to calculate your assets. As long as you’re a Pakistani citizen, you can view the information from anywhere in the world.
ELIGIBILITY CRITERIA TO ACCESS THE INFORMATION:
You must be a Pakistani national with a valid CNIC or NICOP
You should be above 18 years of age
Citizens residing in Pakistan must have a PTA registered mobile number
Overseas Pakistanis must have a valid email address
You must make a payment of PKR500 through NADRA e-Sahulat or you credit/debit card
Create your account by entering your valid CNIC number in the relevant field followed by the computer-generated verification code and click on ‘Submit’
Pay the application fee via your credit/debit card or through a nearby NADRA e-Sahulat franchise. A city-based drop-down list of e-Sahulat outlets is also there on the portal for your convenience
Once you have successfully made the payment, here is the information that will be available for viewing:
Tax Filer Status
NTN number
Total Income
Tax Paid
Net Wealth
Withholding Tax
SIM card in your name
Number of cars
Arms License
Executive Services
Passports
Travel information
6. You can save the information in a PDF format and print it if needed.
FBR ASSETS INQUIRY SYSTEM
Here is a step-by-step tutorial on how to carry out an FBR assets check using the board’s web portal.
Use your registered mobile number to send your CNIC number to 9966
OR
3. Select the ‘Get Login/ Password for Asset Inquiry (It’s Free)’ tab on the top. Then, enter your CNIC number, name, choose an appropriate prefix, pick current service provider and add your mobile number in the relevant fields. Just make sure the phone number you enter into the portal is registered in your name.
4. Receive the code on your mobile number
5. Once you login to the FBR Asset Inquiry System, you will be able to see different tabs. From there, select any tab and click on ‘Load Data’ to see your relevant data.
You can view the following information if you check your assets using FBR:
Withholding Tax
Vehicles
Travel Information
Utilities with bill amount
The details of properties in your name
FBR updates assets data on its portal on a regular basis. Therefore, you will be required to visit the portal regularly to view updated data.
