Friday, October 11, 2024

Pakistan Cracks Down on Tax Evaders: Over 20,000 Mobile Phone Connections Terminated

Islamabad: Zubair Kasuri: In a bid to tackle tax evasion, Pakistan has taken a stern measure by terminating over 20,000 mobile phone connections belonging to tax-paying non-filers. This move is aimed at encouraging individuals and businesses to file their taxes and comply with the country’s tax laws.

According to sources, more than 3,000 mobile phone connections are being terminated daily, with the Pakistan Telecom Authority being informed accordingly. The Federal Board of Revenue (FBR) has proposed to discontinue mobile phone connections of around 50 lakh (500,000) non-filers, in an effort to curb tax evasion and increase revenue collection.

This crackdown on tax evaders is part of the government’s broader strategy to expand the tax net and bring more people into the tax system. By terminating mobile phone connections, the FBR aims to pressure non-filers into complying with tax regulations and filing their returns.

This move is expected to have a significant impact on the country’s revenue collection, as tax evasion is a long-standing issue in Pakistan. The government is determined to tackle this issue and ensure that everyone contributes their fair share to the national exchequer.

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