Advertisement
News

PM Shehbaz: FBR Uncovers Rs 800Bln Tax Scams in Four Months

Advertisement

Prime Minister Shehbaz Sharif announced that scams amounting to Rs 800 billion in tax refunds were uncovered over the past four months, showing confidence in the Federal Board of Revenue’s (FBR) digitization efforts.

During a meeting on FBR reforms and digitization, PM Shehbaz highlighted the potential for significant revenue increases through further FBR reforms. He emphasized the need to enhance the tax refund system.

The prime minister expressed regret over the “unnecessary” delays in implementing several FBR reform projects.

PM Shehbaz was informed that 83,579 cases worth Rs 3.2 trillion are pending in various courts and tribunals concerning taxes. The current government has taken steps to address these pending tax cases.

It was noted that in the past four months, 63 cases worth Rs 44 billion were resolved by various courts.

Participants learned that 4.9 million individuals who can afford to pay taxes have been identified through advanced technology.

PM Shehbaz directed that these 4.9 million eligible taxpayers be prioritized for inclusion in the tax net without imposing additional burdens on the poor.

The meeting also reported that 150,000 retailers have registered with the Tajir Dost app since April 2024.

Advertisement
News Desk

Recent Posts

realme launches waterproof smartphone, the realme C75

The world’s fastest growing smartphone brand realme has officially launched the realme C75, a revolutionary…

5 hours ago

Pakistan Announces Public and Optional Holidays for 2025: Here’s What to Expect

The Pakistan Cabinet Division has officially announced the holiday calendar for 2025, offering citizens a…

5 hours ago

Over 10 Notable Pakistani Companies to Showcase Innovations at Intersec Dubai 2025

Intersec Dubai, the leading trade fair for safety, security, and fire protection, will return for…

5 hours ago

SBP, PSX to Remain Closed on December 25

The State Bank of Pakistan, along with all banking and financial institutions including The Pakistan…

5 hours ago

Sindh CM Sets December Deadline for Malir Expressway

Sindh Chief Minister Syed Murad Ali Shah made a surprise visit to the Malir Expressway…

5 hours ago

PTCL partners with IBM & GBM Pakistan to modernize its IT infrastructure using IBM technology

Pakistan Telecommunication Company Limited (PTCL), the country’s leading ICT services provider, has partnered with GBM…

5 hours ago