ISLAMABAD: Federal Board of Revenue (FBR) Tariq Bajwa has informed the subcommittee of Public Accounts Committee (PAC) about the measures being taken to collect details of tax evaders in different areas.
Giving briefing on the audit objections 2007-08, Bajwa said that more non-taxpayers are being brought into the tax net through assessing their lifestyle. He said that the Board would collect information of foreign travelling, electricity bills details (which come in the range of 50,000 to 200,000), fee of children, etc.
The subcommittee of Public Accounts Committee, chaired by Sardar Ashiq Gopang, was informed that the government is taking steps to catch tax evaders by identifying their hidden economy in the country.
It was further told that bank transaction of one million would also be used to ascertain the person’s tax details. He further cited a clause of law, which helps collect information of Rs one million transaction of citizens.