PM seeks new tax machinery to go after evaders - News Summed Up

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PM seeks new tax machinery to go after evaders


Tells FBR chairm­an his organi­sation could not be reform­edISLAMABAD: Prime Minister Imran Khan on Tuesday tasked his ministers and independent experts to prepare a blueprint of parallel tax machinery that will go after tax evaders amid his growing frustration with the poor performance of ‘old’ Federal Board of Revenue (FBR). Finance Minister Asad Umar, Revenue Minister Hammad Azhar, Pervez Khattak and Special Assistant to PM Nadeem Afzal Chan were among the participants. At more than one occasion, the PM addressed the FBR chairman and told him his organisation could not be reformed. However, this does not stop them from filing their annual income tax returns, as is required under the Income Tax Ordinance of 2001. There are only 1.6 million income tax filers in the country.


Source: The Express Tribune March 13, 2019 03:22 UTC



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