News

Tarin warns not to spare anyone who failed to pay tax on time

January 7, 2022 08:21 PM


Twitter Share Facebook Share WhatsApp Share

Finance Minister and Revenue Shaukat Tarin Friday warned that action will be taken against all without any discrimination if the tax is not being paid on time, reported 24NewsHD TV.

Speaking at the National Sales Tax Return ceremony in Islamabad urged everyone to pay tax before the Federal Board of Revenue (FBR) reaches them within the period of two months with documentary evidence of their assets. 

Tarin said that the authorities will reach out to the tax evaders and provide them with tax returns with the opportunity to prove they are wrong by consulting the auditors’ panel or paying the taxes in due time. 

Tarin said since the sales tax on goods was under federal and the sales tax on services was re-entering the provinces, so it was creating inconvenience for taxpayers.

The finance minister said that people living in big houses and using big cars pays very little tax.

Now the government is reaching out to everyone with the help of technology, added Tarin.

Finance Minister further said that if he remained in office, he would have to pay sales tax along with income tax.

 



Most Read

  1. 20 passengers perish in Chilas bus plunge 20 passengers perish in Chilas bus plunge
  2. Daughters defend Bushra Bibi Daughters defend Bushra Bibi
  3. Pakistani-origin woman laid off by Elon Musk gives emotional reaction Pakistani-origin woman laid off by Elon Musk gives emotional reaction
  4. Pakistan's historic moon mission aboard China rocket blasts off Pakistan's historic moon mission aboard China rocket blasts off
  5. And they lived happily ever after! Ishq Murshid's last episode sparks joy among fans And they lived happily ever after! Ishq Murshid's last episode sparks joy among fans
  6. The Great Indian Kapil Show: Astonishing per-episode fees of cast revealed! The Great Indian Kapil Show: Astonishing per-episode fees of cast revealed!

Opinion

  1. PM Shehbaz Sharif, WEF and Pakistan
    PM Shehbaz Sharif, WEF and Pakistan

    By Naveed Aman Khan

  2. Employing global best practices in Pakistan-Saudi ties
    Employing global best practices in Pakistan-Saudi ties

    By Nasim Zehra

  3. PML-N smashed PTI in by-polls
    PML-N smashed PTI in by-polls

    By News Desk

  4. Riding the Digital Wave: How Technology is Rewriting the Script of Economic Prosperity
    Riding the Digital Wave: How Technology is Rewriting the Script of Economic Prosperity

    By News Desk

  5. Tax on solar energy: Govt's misplaced priorities favour powerful stakeholders over people welfare  
    Tax on solar energy: Govt's misplaced priorities favour powerful stakeholders over people welfare  

    By Manzoor Qadir

  6. Legacy of Indian military subjugation in Kashmir
    Legacy of Indian military subjugation in Kashmir

    By Dr Ghulam Nabi Fai