LAHORE: The Federal Board of Revenue (FBR) has begun warning traders in Lahore’s Azam Market, Anarkali, Hall Road, Sutar Mandi, Akbari Mandi, and other areas regarding non-payment of taxes.
Reports indicate that the FBR has compiled lists of tax-evading companies and individuals as part of its effort to ensure compliance and make it difficult for non-taxpayers to conduct business or purchase vehicles and property in the future.
The FBR has intensified its operations across major cities, including Lahore, with relevant commissioners preparing to issue notices about tax irregularities.
For the first time, the FBR has registered FIRs and made arrests, demonstrating a serious commitment to enforcing tax laws and preventing tax evasion.
FBR officials emphasize that timely tax payments are essential for Pakistan’s economic survival. They plan to question chief financial officers (CFOs) and business owners regarding their tax compliance.
This crackdown is part of a broader initiative to increase tax collection and improve accountability among taxpayers in the country. The FBR’s actions reflect a significant shift toward stricter enforcement of tax regulations in Pakistan.
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