FBR publicizes Tax Directory 2018, Former PM Shahid Khaqan Abbasi tops list among politician

FBR publicizes Tax Directory 2018, Former PM Shahid Khaqan Abbasi tops list among politician

ISLAMABAD: The Federal Board of Revenue (FBR) on Friday publicized Tax Directory 2018, which provides an insight of tax collection and taxes paid by individuals.

The tax directory also revealed the tax paid by different parliamentarians. The highest amount of tax was paid by former PM Shahid Khaqan Abbasi. He paid around Rs241.3 million in tax during the financial year.

Whereas Prime Minister Imran Khan paid Rs282,449 on account of tax. Opposition Leader and Pakistan Muslim League-Nawaz (PML-N) President Shehbaz Sharif deposited Rs97,030,595 while PPP Chairperson Bilawal Bhutto Zardari paid Rs 294,117 in tax. On the other hand, Bilawal’s father and former President of Pakistan, Asif Ali Zardari paid Rs28,089,455 in tax.

Furthermore, the tax directory disclosed that Foreign Minister Shah Mahmood Qureshi paid Rs183,900 in terms of tax and Punjab Assembly Opposition Leader Hamza Shahbaz paid Rs87,005,368 on account of taxes in the fiscal year.

The tax directory also exposed that PML-N Punjab President Rana Sanaullah paid Rs13,088,275, Federal Minister for Industries and Production Hammad Azhar paid around Rs59.4 million, Federal Minister for Planning and Development Asad Umar paid Rs53,046,342 and Federal Minister for Railways Sheikh Rashid paid Rs579,011 on account of taxes.

As per the tax directory, neither Punjab Chief Minister Usman Buzdar nor Federal Minister for Water Resources Faisal Vawda has paid any taxes in the fiscal year.

The tax directory also stated that KPK Chief Minister Mahmood Khan paid Rs235,982, Balochistan Chief Minister Jam Kamal paid Rs48,018,948 and Sindh Chief Minister Murad Ali Shah paid Rs10,022,184 in terms of taxes. He also paid Rs63,054,761 in the case of the Association of Persons.

In accordance with the tax directory released by FBR, during the financial year 2018, Sindh took the lead in the collection of tax. Punjab Province, despite having more tax fliers, came in second place in tax collection. The Southern Province’s input to tax collection stood at 44.91 percent, Punjab 34.99 percent, Federal Capital Islamabad 14.77per cent, Khyber-Pakhtunkhwa (KP) with 3.54 percent, Balochistan 1.67 percent, and Gilgit-Baltistan (GB) collected 0.12per cent.

The maximum amount of tax was collected from Karachi with a total of Rs209 billion. However, Karachi South contributed Rs114.22 billion, Rs34.92 billion was collected from Karachi East whereas Rs9.593 billion from Central Karachi.

The tax directory also showed that from Islamabad an amount of Rs.204 billion collected on account of tax, from Faisalabad Rs.16 billion, and from Gujranwala Rs. 7 billion collected on account of tax.

 

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