Pakistan News Service

Saturday Oct 20, 2018, Safar 9, 1440 Hijri
Logo
LATEST :
Pakistan News Home -> Tribune Corner -> News Details

FBR to start recovery of taxes from 169 high income personnel

03 October, 2018

  Related News  
Imran Khan issued directives to all governors,CM to use public buildings with heritage value
Army to maintain stability through successful counter-terrorism operations: Qamar Bajwa
  More on this View All

The Federal Board of Revenue (FBR) on Tuesday announced to start a campaign for recovery of taxes from 169 high income personnel. According to a statement released by the Bureau, the campaign was launched on the directives of Federal Minister for Finance Asad Umar, as part of the government’s efforts to widen the tax net. The statement said that 169 personnel, tax evaders and non-filers, would be targeted in the first phase. It said these personnel were owners of high net-worth businesses and were still not paying any taxes.

The statement said that all such tax evaders have been identified and are being proceeded against for recovery of payable tax, besides being subjected to heavy fines and penalties for tax evasion.

Also on Tuesday, the FBR decided to start action against all those tax evaders who have purchased properties worth over Rs20 million, or purchased 1,800 cc or larger engine cars, or received rent upto Rs10 million or more in a year, but have not filed their tax returns. The Bureau said that the drive for the recovery of taxes will be carried out across the country without any discrimination.

 What do you think about the story ? Leave your comments!

Heading (Optional)
Your Comments: *

Your Name:*
E-mail (Optional):
City (Optional):
Country (Optional):
 
 
Field marked(*) are mandatory.
Note. The PakTribune will publish as many comments as possible but cannot guarantee publication of all. PakTribune keeps its rights reserved to edit the comments for reasons of clarity, brevity and morality. The external links like http:// https:// etc... are not allowed for the time being to be posted inside comments to discourage spammers.

  Speak Out View All
Military Courts
Imran - Qadri long march
 
Candid Corner
Exclusive by
Lt. Col. Riaz Jafri (Retd)
Pakistan itself a victim of state-sponsored terrorism: Qamar Bajwa
Should You Try Napping During the Workday?
Suggested Sites