2.1 MILLION PEOPLE ACROSS THE COUNTRY IS IN FBR’s RADAR; NOTICES SERVED

The Federal Board of Revenue has issued tax notices to 2.1 million people across the country

Notices have been served by the FBR authorities to individuals who either didn’t file their returns, misinformed the tax authorities, or hid their income.

The number of tax filers in Pakistan has increased to 2,623,000, according to the FBR. During the same period last year, 2,430,000 people filed their wealth statements.

The FBR seized 57% more goods as compared to the same period in the last fiscal year. It confiscated consignments worth Rs4 billion in the month of February alone.

The FBR has warned of action against the ones not abiding by the tax laws. Point-of-sale machines were installed at 9,952 major retail stores across the country. The revenue authority said, ‘Several shopping centers have also been linked with the FBR’s system, also warned of action against the ones not abiding by the tax laws.