ISLAMABAD: The government will not show leniency towards willful tax defaulters from the next fiscal year, warned Finance Minister Shaukat Tarin.
The minister was speaking informally to reporters at the Parliament House where he said the government will ntake action against those who ignore tax notices sent by the Federal Board of Revenue (FBR).
The finance minister said the government has agreed to provide relief to different sectors on the Senate’s recommendations, adding that their proposals were accommodated in the budget.
Finance Minister Shaukat Tarin Wednesday said the government would not spare any wilful tax defaulters, and those who would ignore tax notices of the FBR would have to face consequences.
He spoke about the budget, saying that it would be implemented by the government’s machinery from July 1 as it is expected to get the Parliament’s nod next week.
“We are ready to negotiate with all stakeholders and after taking all of them into confidence, effective enforcement will be done,” he maintained.
In a stern warning to taxpayers, Tarin said there used to be a time when entities would ignore and not respond to notices issued by the FBR.
Making it clear that tax defaulters will not be allowed to harass or intimidate taxpayers, the minister made it clear that willful tax defaulters will not be treated with leniency. APP
