Contradictions in the Federal Board of Revenue’s tax figures
The Federal Board of Revenue collected revenue of Rs 38.5 billion (4.3% of total income tax) through enforcement measures during the first half of the current financial year (July-December). On the other hand, there is a discrepancy in the FBRK tax figures.
According to figures compiled by the FBR, the agency raised Rs 38.5 billion through enforcement measures from July to December. This is 4.3% of the total income tax collected from July to December 2020. Although the amount is still small, it is almost double the tax collected in the same period last fiscal year. In the last financial year, from July to December, the FBR had collected Rs 19.7 billion.
In the first half of the financial year 2020-21, the volume of voluntary income tax payments stood at Rs. 256.7 billion, an increase of only 3.4% over the same period of the previous financial year. Voluntary payments include payments with annual returns and advance income tax.
FBR figures show that the tax paid with annual returns from July to December stood at Rs 50.3 billion, which is 1.3 per cent less than the period under review last year. Last month, the FBR claimed that enforcement measures had resulted in an increase in taxes paid along with annual income tax returns.
However, the latest performance report compiled by the FBR headquarters shows a discrepancy of Rs 23 billion between the tax paid along with the income tax return for 2019 and the figures released by the FBR last month. The FBR had claimed that the income tax paid with the annual return for 2020 increased by 55% to Rs 43.5 billion at the end of December 2020.
On the other hand, the handout issued by the FBR further said that by December 2019, taxpayers had paid Rs 28 billion in taxes. However, these figures differ from the FBR’s monthly performance report and quarterly reviews for July-December 2019.
When contacted, FBR spokesperson Syed Nadeem Rizvi said that the figures given in the press release were related to tax years 2019 and 2020 while the monthly performance report also included payments related to previous financial years under tax and return. He said that tax payments in the tax year 2019 are Rs 33.6 billion and for the tax year 2020 it is Rs 49.6 billion.
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Scores of unexploded World War II bombs discovered under children’s playground
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Scores of unexploded bombs dating from World War II have been recovered from a children’s playground in northern England after a chance discovery.
Local officials in the town of Wooler, Northumberland called in bomb disposal experts after workers involved in a planned overhaul of Scotts Play Park found unexploded ordnance, the parish council said in a statement sent to CNN on Monday.
Two bombs were initially removed by the British Army, the UK Ministry of Defense said in a statement. The parish council was then advised that a full survey of the area was required, according to a council spokesperson.
Bomb disposal company Brimstone Site Investigation then uncovered 65 10-pound practice bombs and smoke cartridges on the first day of works, with a further 90 practice bombs recovered on the second day.
The company told CNN that the bombs date from World War II.
According to the parish council, all of the bombs need to be found and removed before the park can be reopened. It said 174 devices had been found so far.
Look of the Week: Kendrick Lamar’s Super Bowl pants signal the return of flares
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This year’s Super Bowl halftime show was hardly a fashion extravaganza, with headliner Kendrick Lamar keeping things simple in a backwards cap and motorbike-style varsity jacket, which he kept on throughout.
And without the costume-change roulette we’ve come to expect of halftime shows, the internet fixated on one item in particular: his jeans.
While not quite the bell-bottoms of decades past (the 1970s and the 2000s, specifically), the Compton-born rapper’s washed denim pants flared out at the knee and dragged beneath his heels along the stage at Caesars Superdrome in New Orleans. His silhouette stood in stark contrast to that of record producer Mustard, who made a brief cameo in a pair of outsized jeans straight from the West Coast hip-hop playbook.
Opinions were, as ever, divided on social media. Some users described Lamar’s flares as “women’s jeans” and “Hannah Montana pants,” earning him comparisons to everyone from Jennifer Aniston to country singer Lainey Wilson. Others joked that their moms were looking for a similar pair or that they nodded to millennials, for whom flares were a teenage staple.
But those suggesting his style was outdated, or gender-inappropriate, may not have been paying attention to the recent resurgence of flares — in both womenswear and menswear. After all, Lamar’s jeans were designed by one of the most influential figures in modern fashion, Celine’s former creative director Hedi Slimane, before he departed the French label in October.