KARACHI: In an effort to widen the tax base, the Federal Board of Revenue (FBR) has gridded up its lions to bring 200 people, who purchased pricey properties, into the tax net, ARY News reported.
The board has also upped efforts to tax unregistered markets with tea shops operating in Defence, Clifton and other posh areas of the port city to be brought into the tax net.
According to FBR, as many as 16,000 non-filer salaried individuals will also be served notices.
Read Also: Jahangir Tareen, Aitzaz Ahsan top taxpayers in FBR tax directory of parliamentarians
The number of tax payers in the country has increased by 34 per cent in year 2017-18. This was disclosed in a tax diary issued by Pakistan’s premier tax collection body, the Federal Board of Revenue (FBR).
According to the chairman FBR, revenue of the body has also increased by 34 per cent during current fiscal year.
Praising Prime Minister Imran Khan’s efforts for bringing reforms in the FBR, he said that the body was committed to increase the revenue by tax collection
The post FBR ups efforts to tax 200 buyers of pricey properties appeared first on ARYNEWS.
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