Thursday, 23 September, 2021

Tax fair unlikely this year too

  • Staff Correspondent
  • 16 August, 2021 12:00 AM
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Tax fair unlikely this year too

National Board of Revenue is unlikely to hold tax fair this year too due to the pandemic.

Instead, the NBR may prefer to set up special assistance centres at all tax zone premises so the taxpayers can conveniently submit their returns maintaining health guidelines, officials said.

The revenue board has been organizing tax fairs since 2010, where the taxpayers in large numbers come to the venues and submit their returns.

The fairs offer the taxpayers easier and hassle-free submissions of their income tax returns.

But the NBR had to cancel the fairs last year due to the COVID-19 pandemic.

In August this year, the NBR started preparation for organizing tax fair sending necessary guidelines to the tax zones and deciding about the venue.

But as the virus infection rates remain still high, the board is uncertain about the organizing the fair.

The NBR is however under pressure to achieve the budgetary target of revenue collection, organizing tax fair which creates enthusiasm and raise awareness among taxpayers of paying taxes.

An official said that the fair draws a huge number of people into the venue at the same while a number of tax officials also remain engaged to provide services.

Such gathering would make difficult maintaining of COVID-19 health guidelines at the venue, he said.

According to him, considering all these matters the tax fair is likely to be cancelled this year too.

However, the NBR will wait for some more time to see where the infection rates go until making final decision, the official said.

In the first week of September 2020, the NBR finally decided it would not hold tax fair in the year.

In the tax fair 2019, a number of 8.55 lakh taxpayers submitted their annual tax returns.

The tax fair organized by NBR has become very popular among the taxpayers over the last 10 years.