Times of Islamabad

FBR launches crackdown against top 169 tax evaders

FBR launches crackdown against top 169 tax evaders

ISLAMABAD: The Federal Board of Revenue (FBR) has launched crackdownagainst the top tax evaders in the country, sources have revealed.

FBR on Tuesday announced to start a massive drive for the recovery of taxesfrom 169 big and influential tax evaders.

According to a statement released by FBR, a crackdown on the high-valuetargets has been launched on the instruction of Federal Minister forFinance Asad Umar as part of the government’s efforts to widen the tax net.

In the first phase, strict action is being taken against 169 tax evadersand non-filers with proven trail of large business transactions andfinancial deals made by them in recent times.

All such tax evaders have been identified by the FBR and are beingproceeded against for recovery of payable tax besides being subjected toheavy fines and penalties for failing to fulfill their tax obligations.