ISLAMABAD: The prevention committee of National Accountability Bureau (NAB) on Federal Board of Revenue (FBR) has directed the revenue authority to speed up action against the tax defaulters.
The Committee consists of Chairperson Admiral (R) Saeed Ahmed Sargana (Dy Chairman NAB), FBR’s members of the board, representative of the State Bank of Pakistan, Federation of Pakistan Chamber of Commerce Industry (FPCCI), Transparency International, and former FBR chairman Ansar Javed.
All the members of the Committee stressed upon the need of “Automated Income Tax System” to be installed, so that doors of corruption and misuse of power by the Tax Collectors should be closed to increase the volume of revenue in the economy.
Members of the Committee also emphasized that more dedicated efforts should be made to document the economy. The Committee members emphasized that retailers, sellers and professionals such as doctors, lawyers, and consultants should be brought to tax net, so that a chunk of revenue that is lost should be recovered.
