ISLAMABAD – The Federal Board of Revenue (FBR) chairman Shabbar Zaidi is notconfident over his own set revenue target.
He said today (May 27) that collection of tax in Pakistan is difficult toachieve.
Tax collection is very low so they are trying to improve the system byachieving a tax target to stabilize the economic situation.
He said they have set a big tax target. “I am working according to along-term strategy”, he added. “We have collected all the data and willdiscuss it with the experts”.
FBR chairman expressed that they have to take businessmen in confidence.
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People won’t pay tax until and unless income tax officer do not get ontheir nerves, he added. “It is important to improve the economy by buildingtrust with businessmen”.
He asserted a common man can’t even understand the tax laws written inEnglish so he is trying rewrite the FBR rules in a very simple andunderstandable language. “It will be difficult to achieve the target ifmasses won’t cooperate,” he expressed.
It has been decided to receive a fixed tax from small vendors, he added.
