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 crackdown against the top tax evaders in the country, sources have revealed.

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

According to a statement released by FBR, a crackdown on the high-value targets has been launched on the instruction of Federal Minister for Finance 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 evaders and non-filers with proven trail of large business transactions and financial deals made by them in recent times.

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