FBR Takes Steps to Protect Taxpayers

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Islamabad: The Federal Board of Revenue (FBR) has announced a range of measures for a recovery protocol regarding Inland Revenue field formation. The step aims at the unlawful attachment of taxpayers` bank accounts. The FBR has been known to take pro-public steps that are always in line with the interests of the taxpayers.
Read more: FBR to Adjust Property Valuation Rates from July 1
According to the sources, the FBR is planning to replace the previous guidelines and align with the interim of the Islamabad High Court (IHC) in Writ Petition No. 229812016. The said directions will be implemented with field formations for the purpose of transparent tax recovery.

Here are some of the main features:

  • Notices must be served in accordance with the Income Tax Ordinance, 2001
  • Orders must be issued after hearing out the taxpayers
  • Zonal commissioners will be responsible for making sure the jurisdiction of Inland Revenue Officers over taxpayers
  • The recovery measures will be kickstarted after the tax payment statutory period

Read more: FBR meets PKR 5.12 trillion Income Tax despite Missing Target

These measures are especially being drawn focusing on protecting the taxpayers.

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Fuldax Marketing And Services (SMC-PVT) Ltd is a profound real estate company registered from SECP and FBR. In a short time, Fuldax Marketing is putting utmost effort to work for the betterment of the real estate market in Pakistan.

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