The Federal Board of Revenue (FBR) has announced the completion of preparations for taking action against tax defaulters, having collected ten years’ worth of data on traders.
According to FBR officials, the move is in line with the agreement made with the International Monetary Fund (IMF) to increase the tax-to-GDP ratio.
Emphasizing that the government is committed to ensuring that everyone fulfills their tax obligations, officials stated that all legal requirements have been met.
They clarified that individuals will not be unfairly targeted or burdened with excessive taxes.
