FBR's reforms initiatives not bearing fruit: Mian Nauman Kab

FBR's reforms initiatives not bearing fruit: Mian Nauman Kabir


Daily Times
May 13, 2021
The Pakistan Industrial and Traders Association Front (PIAF) Chairman Mian Nauman Kabir has stressed the need for reforming and simplifying the taxation system in consultation with the real stakeholders.
In a joint statement with vice chairman Javed Siddiqi, the PIAF Chairman said that the FBR’s reforms initiatives are not bearing fruit, as the revenue collecting agency could increase the number of sales tax return filers by just 8 percent in first six months of the current fiscal year, mainly due to rise in the type of those filers, who haven’t paid any tax, implying that bad governance and weak tax management of the tax department still persist. It is unfortunate that just 30 percent of the total sales tax return filers are paying taxes while 70 percent of the filers have paid nil tax, he said. He said that the government’s new measures seem to be inadequate to convince people to file tax returns due to arm-twisting by the FBR, creating unnecessary controversy due to continuous raids on business premises.

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