Compiling exempt income data not an un-usual exercise: FBR.ISLAMABAD, 06 April, 2009 (Balochistan Times) -- A Spokesman of Federal Board of Revenue (FBR FBR Friedman, Billings, Ramsey Group, Inc. (investment firm) FBR Fast Breeder Reactor FBR Federal Benefit Rate FBR Foundation for Biomedical Research FBR Foundation for Blood Research FBR Fluidized Bed Reactor ) said on Monday that compilation of tax exempted data was not an unusual exercise. The Spokesman was commenting on a news item appearing in a section of the press. He told that FBR was compiling such data to know that who are really deserving and how much facility and benefit has been availed by them given exemption under the law and whether they further deserve or need withdrawal. He further said that FBR also analysis by compiling that those individuals and sectors who have filed their returns during the tax year 2008 under the Income Tax ordinance A law, statute, or regulation enacted by a Municipal Corporation. An ordinance is a law passed by a municipal government. A municipality, such as a city, town, village, or borough, is a political subdivision of a state within which a municipal corporation has been 2001 and to in-corporate its in the budgetary proposals for the next financial year. He added that tax payers tax payer n → contribuyente m/f tax payer n → contribuable m/f tax payer n → contribuente specially those who were given exemptions under the law should not be panic as such data compiling exercise are done for only consumption of FBR. (THROUGH ASIA Asia (ā`zhə), the world's largest continent, 17,139,000 sq mi (44,390,000 sq km), with about 3.3 billion people, nearly three fifths of the world's total population. PULSE) |
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