FBR to crack down on freelancers and online traders

Lahore, 10th March: The Federal Board of Revenue (FBR), an income tax investigation agency, has decided to crack down on freelancers and online product sellers.

Baaghi TV: According to media reports, the FBR Commissioner of Offshore Tax and the Director-General of International Tax have jointly launched an investigation in this regard.

FBR officials have revealed that those selling goods and services abroad are not paying taxes.

According to officials, the US company Payoneer has made large payments in Pakistan. Preliminary investigation has revealed that the US company has paid Rs 60 billion to 75615 people, so 45012 individuals are recipients of money from this US company. 

According to reports, FBR officials say that more than 12,000 non-filers are among the recipients of money from the US company. After creating an account in the US company, the money is being transferred to a local mobile bank or commercial bank account.

According to reports, based on this information, the FBR has also included 27 banks that transferred money from the said American company in the investigation and have issued notices to the non-payers.

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