Karachi tops on tax paying with less taxpayers

The city of Karachi, considered the financial hub of the country once again emerged as the highest tax paying city in Pakistan despite boosting less tax filers than Lahore.

According to the FBR report, the traders, retailers and wholesalers in Karachi paid tax of Rs 8,610,263,771 with only 52,808 tax filers, as compared to Lahore that despite boosting 55,342 tax filers_ the largest number of filers in Pakistan only paid Rs 5,219,983,079.

Karachi also boosts the highest number of high payers [that paid tax of more than Rs 100,000] in Pakistan with 6,468 high payers, as compared to Lahore that has 4,971 high payers.

Furthermore, the traders of capital city of Islamabad paid the highest average tax among major cities, paying Rs 14,950; whereas, traders in Karachi paid average tax of Rs 12,091.

Meanwhile, the traders of Lahore, Pakistan’s second largest city only paid an average tax of Rs 9,651, even the traders of Larkana paid more tax with the average tax of Rs10,092.

Lahore, Karachi, Faisalabad, Rawalpindi and Multan were the top five cities among the highest number of tax filers in Pakistan.