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November 15, 2019

Easy taxes

Newspost

 
November 15, 2019

I am a regular taxpayer and one of the minority which pays a ten percent tax on profit of PBA and BSA of the National Savings Scheme. Now I am stuck because my IT consultant is very busy and my IT returns and wealth statement have been pending for over a month. If returns are not ready in time, I will be a tax defaulter for no fault of mine. Wonder why the FBR is interested in so many details as if every return has to be thoroughly analysed or sent to NAB. I could have deposited tax returns long ago if individuals were required to pay tax on taxable income without the complex return system.

I appeal to the worthy chairman of the FBR to kindly develop some easy tax payment system for individuals not in business, particularly retired senior citizens like me.

M Akram Niazi

Rawalpindi

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