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Tag: Tax base

Aurangzeb on tax expansion
Business
  • Web Desk
  • Dec 19, 2024
Tax base expansion, lower policy rate to boost investment: Aurangzeb

The minister highlighted that the government is taking steps to broaden the tax base, ensuring more people and businesses are brought under the tax net. He emphasised that a reduction in the policy rate will likely lead to increased investment, further boosting the economy.

The country saw a huge increase in the number of tax return filers, as the FBR reportedly gained access to citizens’ data from the NADRA.
Business
  • Web Desk
  • Oct 23, 2024
Tax filers double after NADRA data access by the FBR

According to reports, the FBR is utilising data on property ownership, bank balances, and foreign travel expenditures to broaden its tax net.

FBR sim block
Latest
  • Web Desk
  • Jan 04, 2024
FBR to block mobile phones, SIM cards of non-filers this month

FBR is poised to take stringent actions against non-filers in the ongoing month as part of its efforts to enhance tax compliance.

FBR Tax
Business Pakistan
  • Web Desk
  • Oct 15, 2023
Tax base expands in Pakistan, but collection remains low

Despite ongoing efforts by the interim government to enhance the tax base through the promulgation of a presidential ordinance, it appears that the core issue lies in enforcement, rather than data sharing.

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