ISLAMABAD: A member of National Assembly Standing Committee on Finance, Tuesday, said that the Federal Board of Revenue (FBR) was moving towards measures like ‘Martial Law’ and taking very tough measures against business community.
During the NA Standing Committee on Finance’s meeting held here on Tuesday, MNA Nafisa Shah from the PPP stated that the FBR is declaring a ‘martial law’ on the taxpayers’ community.
Responding to this, the FBR chairman said that tax matters did not have any relation with martial law, as he served as a civil servant under a democratic regime. He said that there was a potential to bring one million retailers into the tax net. The FBR shared its plan to expand its enforcement plan for bringing three million retailers into the tax net.
He said that the FBR will extend the tier-1 retailers regime to large retailers.
The stringent requirements with opportunity of safeguards will be placed, and all those who do not get themselves registered their utilities will be blocked, freezing of bank accounts, attachment of properties, sealing of premises, and appointment of a receiver.
Copyright Business Recorder, 2025
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