Explained: How match tax filers, non-filers pay on car worth Rs30 million?

Explained How Match Tax Filers Non Filers Pay On Car Worth Rs30 Million

ISLAMABAD – The Federal Board of Revenue (FBR) has said non-filers face significantly higher taxes on the purchase of cars and property, as well as on bank profits, compared with tax filers.

For a car valued at Rs30 million (Rs3 crore), a non-filer would pay Rs10.8 million (Rs1.08 crore) in tax, while a filer would pay Rs3.6 million (Rs36 lakh).

This means the non-filer would face an additional tax burden of Rs7.2 million (Rs72 lakh) compared with a filer on the purchase of the same vehicle.

It also highlighted differences in taxation across other financial transactions. On the purchase of a property worth Rs50 million, the stated tax is Rs5.25 million for a non-filer compared with Rs625,000 for a filer, creating a difference of Rs4.625 million.

For bank profit of Rs5 million, the tax amounts to Rs2 million for a non-filer and Rs1 million for a filer, according to the figures provided.

Similarly, annual rental income of Rs6 million from property would attract Rs2.31 million in tax for a non-filer and Rs1.155 million for a filer.

Taxpayers have been advised to become filers and submit their income tax returns for Tax Year 2026 by September 30.

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