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Tax of Rs.710 mln collected, 7,500 VTCS returns filed so far

Islamabad (APP): The Federal Board of Revenue has realized Rs.710 million tax under the Voluntary Tax Compliance Scheme (VTCS) till 31 March.

As many as 7,500 returns have been filed by the non-filers under the VTCS so far, Spokesman of the Board Dr. Muhammad Iqbal said.

According to FBR data, as many as 1308 VTCS returns were received by Regional Tax Office (RTO) Lahore-1 where the total amount of tax collection stood at Rs.98.5 million.

Likewise, tax of Rs.86 million was received by RTO-II Lahore which received 729 tax returns.