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700,000 tax evaders went scot free 5 years ago: KCCI urges FBR to bring 240,000 to book

700,000 tax evaders went scot free 5 years ago: KCCI urges FBR to bring 240,000 to book

KARACHI – Commenting on notices issued by the Federal Board of Revenue (FBR) to 240,000 tax evaders, Karachi Chamber of Commerce and Industry (KCCI) President Iftikhar Ahmed Vohra urged it to ensure strict follow-up of these notices.

The KCCI president held the tax evaders responsible for giving severe losses to the national exchequer. He demanded that information about these tax evaders must be publicised or at least be shared with leading chambers of the country including Karachi Chamber, Lahore Chamber, Islamabad Chamber, Quetta Chamber, KPK Chamber and Rawalpindi Chamber so that the progress of such cases could be impartially monitored.

He recalled that although FBR claimed to have identified more than 700,000 tax evaders five years ago and assured to bring them into the tax net but unfortunately, no action was ever taken against those tax evaders who have been living luxurious lives but not contributing a single rupee to the national exchequer.

He was of the view that despite lapse of more than five years, FBR never acted against 700,000 tax evaders who, according to FBR, owned more than one house, have luxurious cars, travel abroad, study in foreign universities, use credit cards and operate bank accounts but they do not even have NTN numbers.

Commenting on recovery measures against chronic defaulters taken by DG Broadening of Tax Base FBR, President KCCI said that although FBR claims to have issued notices to 240,000 tax dodgers but at the same time, it only shares details of action taken in 513 cases.