{"id":2115,"date":"2023-09-09T05:53:04","date_gmt":"2023-09-09T05:53:04","guid":{"rendered":"https:\/\/news.pakistaninewspaperlist.com\/fbr-to-launch-countrywide-crackdown-against-tax-evasion\/"},"modified":"2023-09-09T05:53:04","modified_gmt":"2023-09-09T05:53:04","slug":"fbr-to-launch-countrywide-crackdown-against-tax-evasion","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/fbr-to-launch-countrywide-crackdown-against-tax-evasion\/","title":{"rendered":"FBR to launch countrywide crackdown against tax evasion"},"content":{"rendered":"<div>\n<p><strong>LAHORE: Federal Board of Revenue (FBR) has decided to launch countrywide crackdown against tax evasion, citing sources ARY News reported on Saturday.<\/strong><\/p>\n<p>The taxation authority has prepared a list of 11,000 persons from major cities including Lahore and Karachi, sources said. The list included industrialists, mill owners, traders, property dealers and wholesalers, according to sources.<\/p>\n<p>The grip will be tightened against tax defaulters, and they will also be arrested, sources said.<\/p>\n<p>The FBR\u2019s list of tax evaders included people from Karachi, Lahore, Faisalabad, Rawalpindi and Multan.<\/p>\n<p>\u201cWe have substantial evidence against tax defaulters,\u201d FBR sources said.<\/p>\n<p>\u201cThey have to produce documents within one week\u2019s period after tax notice,\u201d FBR sources added.<\/p>\n<p>A global market research firm in a survey report in June disclosed staggering 956 billion rupees tax evasion in Pakistan.<\/p>\n<p>Ipsos, the third largest market research firm in the world, made the sensational disclosure after its survey of five industrial sectors including real estate, tea, cigarette, tyres, oil and pharmaceutical sectors.<\/p>\n<p>The research report pointed out massive 500 billion rupees tax evasion in a year in the real estate sector of the economy.<\/p>\n<p>Tax theft by cigarette traders is causing Pakistan a loss of Rs240 billion annually.<\/p>\n<p>The research report pointed out annually 45 billion tax evasion in tea business and 65 billion tax theft in pharmaceutical sector of the national economy.<\/p>\n<p>Moreover, tyres and oil sector inflicting 106 billion rupees revenue losses to the economy annually, according to the report.<\/p>\n<\/div>\n<p><script type=\"rocketlazyloadscript\">\n  window.fbAsyncInit = function() {\n    FB.init({\n      appId      : '161345524510473',\n      cookie     : true,\n      xfbml      : true,\n      version    : 'v3.0'\n    });\n    FB.AppEvents.logPageView();   \n  };\n  (function(d, s, id){\n     var js, fjs = d.getElementsByTagName(s)[0];\n     if (d.getElementById(id)) {return;}\n     js = d.createElement(s); js.id = id;\n     js.src = \"https:\/\/connect.facebook.net\/en_US\/sdk.js\";\n     fjs.parentNode.insertBefore(js, fjs);\n   }(document, 'script', 'facebook-jssdk'));\n<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>LAHORE: Federal Board of Revenue (FBR) has decided to launch countrywide crackdown against tax evasion, citing sources ARY News reported on Saturday. The taxation authority has prepared a list of 11,000 persons from major cities including Lahore and Karachi, sources said. The list included industrialists, mill owners, traders, property dealers and wholesalers, according to sources. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2116,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/arynews.tv\/wp-content\/uploads\/2023\/05\/Untitled-1-66.jpg","fifu_image_alt":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-2115","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lifestyle"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/2115","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/comments?post=2115"}],"version-history":[{"count":0,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/2115\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media\/2116"}],"wp:attachment":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media?parent=2115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/categories?post=2115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/tags?post=2115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}