Pakistan’s tax gap stands at over Rs 7 trillion, says FBR chief Blogging Sole

Pakistan’s tax gap stands at over Rs 7 trillion, says FBR chief

 Blogging Sole

Finance Minister Muhammd Aurangzeb (L) attends a press conference alongside FBR Chairman Rashid Mahmood Langrial in Islamabad on December 26, 2024. — Screenshot via Geo News ISLAMABAD: Amid strenuous efforts of Prime Minister Shehbaz Sharif’s government to widen the tax net and increase revenue generation, Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial has … Read more

Higher tax rates won’t achieve desired revenue targets, says FBR chief Blogging Sole

Higher tax rates won’t achieve desired revenue targets, says FBR chief

 Blogging Sole

A vendor displays different fruits to attract customers at his stall in Hyderabad on February 11, 2023. — APP FBR chief admits revenue leakage of Rs1.2tr in income tax sector. Langrial presented strict measures to improve tax compliance. The official admits that falling inflation has affected revenue collection. ISLAMABAD: Federal Board of Revenue (FBR) Chairman … Read more

Tax evaders will face tough action amid government efforts to improve revenue collection Blogging Sole

Tax evaders will face tough action amid government efforts to improve revenue collection

 Blogging Sole

Representative image of a trader reading a newspaper while selling betel leaves, cigarettes and sweets in Karachi. — Reuters/File The PM emphasizes the use of video analytics to improve revenue collection. Leads its rapid implementation in cement and tobacco industries. Premier calls for early completion of digitalization of FBR value chain. LAHORE: As the federal … Read more