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Tag Archives: potential tax payers

2,753 alone in Islamabad: FBR traces 40,000 potential taxpayers having luxury cars

ISLAMABAD: As part of its efforts to broaden tax net, the Intelligence and Investigation Wing of the Federal Board of Revenue (FBR) compiled data of more than 40,000 people, possessing luxury vehicles in the price range of over Rs3 million each. The step has been taken to identify potential tax evaders and bring them into the tax net across the ... Read More »

Potential taxpayers served show-cause notices in Lahore

LAHORE: The Lahore Broadening of Tax Base (LBTB) has issued 1,500 show-cause notices to the potential taxpayers and enterprises Under Section 122C of the Income Tax Ordinance 2001. The notices have also been served on such individual and enterprises which were declared as potential taxpayers on the bases of the assessment of their properties or they had conducted taxable transactions. ... Read More »