Tag: broadening of tax base

Press Release

Action initiated for broadening of tax base against potential taxpayers

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Feb. 02, 2015 During the on-going drive for broadening of tax base, the Directorate General (BTB) under the leadership of its new Director General Mr. Rehmatullah Wazir has obtained information (transaction and non-transaction based information) totaling to 240,000 from various sources, which include information from Motor Vehicle Registration Authorities, Car Manufacturing Companies, Electricity Supply and […]

Press Release

FBR ISSUES MORE THAN 120,000 INITIAL NOTICES UNDER SECTION 144 OF INCOME TAX ORDINANCE, 2001

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July 25, 2014 More than 120,000 initial notices (u/s 114 of the Income Tax Ordinance 2001) have been issued – based on large potential fiscal liabilities and location to ensure the initiative is nationwide- and more than 38,000 second notices (under section 122C) which are to be followed by provisional assessment, collection procedures, and penal […]

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