FBR uncovered 147 billion of tax evasion from July to January

The Federal Revenue Board (FBR) today announced its discovered 147 billion PKR revenue by its Directorate-General for Intelligence & Investigation IR between July and January. This success has been commended by the tax authorities. It was also reported that 846 investigation reports were forwarded by the Director-General, which resulted in the mass avoidance of taxes being revealed.

Under the 2010 Anti-Money-Laundering Act, which extended from Oct 2018 to March 2021 the Directorate General reported 136 complaints against 175 persons, which also showed that 50 billion PKR was evaded. The FBR has also announced that the number of tax collections this year is increasing by 54 percent historically.

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