Quantcast
Thursday , August 24 2017
Breaking News
Home / Islamabad / Massive tax evasion unearthed in posh area
Massive tax evasion unearthed in posh area

Massive tax evasion unearthed in posh area

ISLAMABAD: Directorate General of Intelligence and Investigation Inland Revenue has conducted a secret tax survey of Blue Area, the largest business hub of the federal capital, which revealed that half of 2,246 prominent business establishments are undocumented outlets.

Special teams of the D I&I conducted surveys of the area without any physical interaction with the owners of the establishments. The survey was kept secret to intelligently collect necessary data. Special teams took pictures and made videos of prominent businesses in Blue Area and registered all particulars displayed outside the shops/outlets, etc. The information was collected and matched with the tax management system of the FBR to verify the data. Results of the survey revealed that 1,106 businesses, outlets and vendors are not registered with the tax department. They had no NTN.

The directorate has communicated the information to FBR for necessary action against the unregistered businesses.