The other objective of the move is to trace the richest non-filers and for the sales tax registration of non-registered manufacturers’ units. A decision has also been made to make the Federal Board of Revenue’s (FBR) Directorate General for Special Measures operational. It will also develop a mechanism to exchange information to curb tax theft and trace the wealthy in order to bring them into the tax net. Pakistan to pay China $40b on $26.5b CPEC investments in 20 yearsThe directorate general will also trace those not paying income tax and will prepare a profile of non-filers. The approval of a separate budget for the department in the 2019-20 federal budget will also be sought and funds allocated.

Source: The Express Tribune April 11, 2019 03:11 UTC