FBR chases tax evaders with notices

Published September 27, 2018
FBR headquarters in Islamabad. — File
FBR headquarters in Islamabad. — File

ISLAMABAD: As part of PTI government’s 100-day plan, the Federal Board of Revenue has almost finalised its plan to identify top 100 tax evaders for bringing into the tax net, a senior tax official told Dawn on Wednesday.

The first meeting on the issue is scheduled to be held on Thursday under the chairmanship of Finance Minister Asad Umar who has tasked the FBR to identify potential tax evaders.

The evaders will be netted in two phases.

In the first phase, notices were issued to 1,000 people who have purchased properties in Dubai, the official said.

The FBR has received data from various sources about 3,000 to 4,000 Pakistanis who have invested in Dubai. But the notices were despatched only to those who have local addresses.

In the second phase, the FBR has directed the field formations to identify top tax evaders immediately. The intelligence and investigation department of the Inland Revenue Services has already collected data regarding transactions of properties, and purchase of luxury vehicles of those people who did not possess national tax numbers.

The FBR has also identified several thousand people who have purchased properties in Pakistan but did not exist on the tax rolls. Similarly, the FBR has recently despatched notices to those people who have purchased properties in the UK.

Published in Dawn, September 27th, 2018

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Judiciary’s SOS
Updated 28 Mar, 2024

Judiciary’s SOS

The ball is now in CJP Isa’s court, and he will feel pressure to take action.
Data protection
28 Mar, 2024

Data protection

WHAT do we want? Data protection laws. When do we want them? Immediately. Without delay, if we are to prevent ...
Selling humans
28 Mar, 2024

Selling humans

HUMAN traders feed off economic distress; they peddle promises of a better life to the impoverished who, mired in...
New terror wave
Updated 27 Mar, 2024

New terror wave

The time has come for decisive government action against militancy.
Development costs
27 Mar, 2024

Development costs

A HEFTY escalation of 30pc in the cost of ongoing federal development schemes is one of the many decisions where the...
Aitchison controversy
Updated 27 Mar, 2024

Aitchison controversy

It is hoped that higher authorities realise that politics and nepotism have no place in schools.