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Home Breaking News

NADRA ready to identify 3.6m potential taxpayers

byCustoms Today Report
02/01/2014
in Breaking News, Islamabad, Latest News
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ISLAMABAD: There are 3.6 million new potential taxpayers that Federal Board of Revenue can pursue, senior officials of NADRA claimed.

NADRA officials further maintained that 1.3 million out of the 3.6 million are old taxpayers who are registered but not filing their tax returns anymore; and added that NADRA has photographs of all 3.6 million potential taxpayers with their addresses and other relevant details and is ready to assist Federal Board of Revenue in this regard.

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NADRA officials also claimed that FBR Chairman had contacted NADRA chairman to discuss the modalities of acquiring data; however, the process is halted subsequent to NADRA Chairman’s removal and the ongoing litigation and investigation against him.

If FBR succeeds in bringing these potential taxpayers into the tax net, not only would revenue rise but also NADRA would generate revenue for its operations as 2.5 percent of the recovered taxes would accrue to NADRA.

Tags: Taxation

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