FBR initiates massive crackdown against non-filers

By Arhama Altaf - Web Editor - BOL News

22nd August, 2019

FBR initiates massive crackdown against non-filers

Thursday 22nd August, 2019

Massive crackdown against non-filers has been kicked off by the Federal Board of Revenue (FBR).

The FBR issued notices to 2100 people who have big commercial and industrial gas and electricity connections in Lahore.

This was the move to bring the businessman into tax net.

The Federal Board of Revenue also issued notices to 942 kiln owners in Lahore, Sheikhupura, and Nankan Saheb.

On the other hand, the FBR took massive drive against the fraudsters and started to prepare the lists of people who are showing the expenses on others name and hide real income.

It is noteworthy that in a drive to widen the tax net and ensure tax compliance across Pakistan, the tax department has launched a crackdown against wealthy and influential tax evaders.

The step is taken in line with the government’s plan to widen the tax net.

According to the document, the FBR, in the first phase of the crackdown, would take strict action against tax evaders and non-filers with a proven trail of large business transactions and financial deals.

All the identified tax evaders are being proceeded against for recovery of payable tax, besides being subjected to heavy fines and penalties for failing to fulfill their tax obligations.


You May Also Like

Bear cub escapes from Peshawar Zoo Lifestyle
20th Sep, 2019

Baby bear escapes the cage at Peshawar Zoo

A four-month bear cub is on the loose after it escaped its...

saudi drone attacks International
20th Sep, 2019

Int’l media inspects Saudi Arabia’s damage sites

Saudi Arabia has briefed the media about the damage sites of Aramco...

FO spokesperson Pakistan
20th Sep, 2019

Schedule set for the PM’s 18 bilateral meetings: FO spokesperson

Prime Minister Imran Khan will lead the Pakistan delegation during the high-level...

Muhammad Asif qualifies for World Snooker Championship Sports
20th Sep, 2019

Muhammad Asif qualifies for World Snooker Championship

Pakistani cueist Muhammad Asif has qualified for the final of the IBSF...