Preparations are complete for action against tax defaulters

Web Desk: Federal Board of Revenue (FBR) has completed preparations for action against tax defaulters.
According to sources, tax defaulting traders and industrialists will receive final notices within a few days.
The lifestyle, extravagant expenses of the businessmen and industrialists to whom the notices will be sent do not match their tax data, the tax of these businessmen is a few thousand and the annual income is in crores.
Sources say that most of the traders and industrialists have taken multiple plots and have businesses abroad, many times these traders and industrialists were given the opportunity to pay the full tax.
According to the sources, the list of the traders of Akbari Mandi, Shah Alam Market, Azam Cloth, Anarkali and Liberty of Lahore has been prepared, while the lists of the traders of Mall Road, Gulberg, Ferozepur Road, Model Town and other areas have also been prepared. are
Data of 10 years of traders have been collected, in the second phase traders of markets and markets across Punjab should be included, courts have also been approached, stays will be removed.
In this regard, FBR officials say that according to the IMF agreement, tax to GDP is to be increased, no one will be overtaxed or tax will be charged.
All the legal requirements have been met, no more spending without taking taxes, the government is serious.