PM Directs To Send Notices To Sugar Mill Owners For Evading Taxes Worth Billions

Aizbah KhanWeb Editor

03rd Feb, 2021. 09:12 pm
Rs4.143 Trillion Revenue Collected In First 11 Months OF Current FY

Prime Minister Imran Khan has directed to issue notices to the owners of sugar mills involved in tax evasion.

During the meeting of the Federal Board of Revenue (FBR) in Islamabad, the Prime Minister expressed frustration over the non-amendment of the law on concealment of tax details.

The Prime Minister said that it was a black law, there will be no double standard in this government, if the tax details of the people are public then why not the owners of sugar mills?

It was informed in the meeting that the owners of sugar mills have evaded taxes of Rs 345 billion.

The Prime Minister also directed to install CCTV cameras on the doors of sugar mills in 15 days.

Earlier, Prime Minister Imran Khan has termed the country’s taxpayers as deserving of tribute and said that they are benefactors of Pakistan.

The Prime Minister was briefed on tax reforms in Islamabad.

According to a statement issued from the Prime Minister’s House, the meeting was informed that tax collections have exceeded Rs 2,205 billion during the first half of the current financial year.

It was informed in the briefing that the tax collection system is being automated and taxpayers are being given incentives and facilities for paying taxes.

Officials said the new digital system has been automated to include transparency and reduce corruption and tax evasion.

He said that for small and medium enterprises, the tax form has been made smaller and simpler from 5 to just one page, reducing the number of entries from 200 to 24.

With regard to sales tax, the Prime Minister was informed that the amount collected from sales tax is also on the rise due to the direct connection of the company with the FBR system through the point of sale system.

The Prime Minister commended the Federal Ministers, Special Assistant Revenue and Chairman FBR as well as the authorities for reforming the system as a whole.

Imran Khan said that the taxpayers are the benefactors of Pakistan who deserve tribute.

He directed that such measures should be added in the system to make it more acceptable to the taxpayers.

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