ISLAMABAD – The Federal Board of Revenue (FBR) decided to bring 2.8 million potential households into the tax net, the sources close to the development said on Tuesday.
The FBR’s move is expected to increase the national economy’s size by approximately Rs1.6 trillion.
FBR spokesperson Bakhtiar Muhammad said that there are nearly 3.5 million individuals in the country eligible to pay taxes, but 2.8 million of them are still not contributing.
On the other hand, the FBR achieved significant success.
In a major sales tax evasion case uncovered by the FBR, the Sindh High Court rejected the plea to quash the FIR filed against Millat Industrial Products Limited and its chairman, accused of being involved in alleged sales tax fraud.
