Wednesday, 29 May 2024
FBR collaboration with provinces regarding tax base increase of agriculture income tax

FBR proposes collaboration with Provinces for collection of Agricultural Income Tax

In line with the Government’s resolve towards broadening of tax base and documentation of economy, Dr. Muhammad Ashfaq Ahmed, Chairman FBR has initiated a huge challenge to plug in tax evasion of Agricultural Income through a close cooperation between FBR and Provincial tax authorities to ensure that no taxable income goes untaxed and due taxes are paid in respective collecting jurisdiction.

Accordingly, Chairman FBR has issued a letter to all provincial governments for a proactive collaboration. He has offered to coordinate a technical level meeting to address the issues relating to taxable agricultural income and curb tax evasion in national interest.

FBR Chairman has proposed technical collaboration between FBR and Provincial tax authorities on Agricultural Income which is taxed by provinces and is exempt from federal Income Tax. Chairman has also highlighted that tax evaders claim Agricultural Income as exempt in FBR returns and do not pay tax to either FBR or Provincial Governments. Income Tax ordinance prescribes that Agricultural Income will be exempt only if Provincial Income Tax is paid on it.

To strengthen the enforcement of tax laws, FBR has extended cooperation to Provincial governments by offering to issue system generated notices to taxpayers who declare Agricultural Income in federal Income Tax Returns, to duly discharge their tax liabilities with the provinces.

See also  Tax on Agricultural Income in Pakistan

This offer of cooperation by FBR is in the interest of national revenues to ensure that the persons earning Agricultural Income may pay due tax to provinces and that no income goes untaxed by both FBR and provincial governments.

Top Tax Consultants Tax Return submission Last Date

Agriculture Income Tax | Provincial Agriculture Income Tax | The Punjab Agricultural Income tax Act 1997 | Income Tax Payment | Agriculture Land |

See also  About 200,000 late filers got active taxpayers status

Subscribe Now

Sign up for  Daily Digest and get the best of News for you.

[contact-form-7 id="11414" title="Contact form 1"] - Your Tax Experts and Consultants

Welcome to

Providing Expert Tax Services for Individuals and Businesses

About Us

At, we are dedicated to providing comprehensive tax solutions tailored to meet the needs of individuals and businesses. With years of experience in the industry, our team of tax experts is equipped to handle various tax matters, including tax planning, preparation of tax returns, and compliance.

We strive to stay up-to-date with the latest tax laws and regulations, ensuring that our clients receive accurate and reliable advice. Our commitment to client satisfaction and our in-depth knowledge of the tax landscape make us the trusted choice for all your tax-related needs.

Contact Us

For inquiries or to schedule a consultation, please reach out to us: