ISLAMABAD – The Federal government has hinted at a new National Tax Agencyin Pakistan.
As per the media report, Federal government is planning to introduce anational tax agency to save the taxpayers from the trouble of filingdifferent tax returns at provincial and federal taxes separately.
Minister of State for Revenue, Hammad Azhar, announced the above onWednesday at a Sustainable Development Policy Institute (SDPI) conference.
He further said that the Federal Board of Revenue (FBR) is unable tocollect the due taxes from the informal sector and also from some chains offormal sectors like plastic, steel, sugar, and so on. These chains alsobreak at some points, which open up spaces for tax evasion.
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“The government will grant autonomy to the FBR as part of long-term agendaafter placing ongoing reforms for separating policy from theadministration.”
