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Hafeez asks FBR to broaden tax base

Published Updated

 ISLAMABAD: Federal Minister for Finance and Economic Affairs Dr. Abdul Hafeez Shaikh on Saturday asked the Federal Board of Revenue (FBR) to devise a mechanism for minimizing the gap between the number of NTN (National Taxation Number) holders and the actual tax payers.

He was talking to the members of the FBR in the second meeting of Broadening Tax Base, in the Ministry of Finance here.

He also directed the FBR to constitute a special team of selected officers and staff to process the devised mechanism and assured in this regard of full cooperation not only from his ministry but by any other governmental organization including the NADRA.

During the meeting it was observed that all NTN holders are not tax filers, and NTN, were required for every citizen only where there is a financial transactions is done.

The Minister also asked them have a blue print of the success of this ongoing process of netting the tax evaders into the tax net, and submit a report on June 30.

Copyright APP (Associated Press of Pakistan), 2011

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