Tag: broadening of tax base

Action initiated for broadening of tax base against potential taxpayers

February 4, 2015May 26, 2025 admin No Comments

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 iwc Replica Registration Authorities, Car Manufacturing Companies, Electricity…

Press Release

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

August 5, 2014March 25, 2021 admin No Comments

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…

Press Release