Hafeez Shaikh for broadening tax base | Pakistan Today

Hafeez Shaikh for broadening tax base

ISLAMABAD – Federal Minister for Finance and Economic Affairs Dr Abdul Hafeez Shaikh has asked the Federal Board of Revenue (FBR) to devise a mechanism for minimising the gap between the number of NTN (National Taxation Number) holders and the actual tax payers.
He was speaking to members of the FBR in the second meeting of Broadening Tax Base in the Ministry of Finance. He asked FBR to constitute a special team of selected officers and staff to process the devised mechanism and assured of full cooperation in this regard, not only from his ministry but from any other governmental organisation including the NADRA.
During the meeting, it was observed that all NTN holders are not tax filers, and NTN was required for every citizen only once a financial transaction is completed. The minister also directed the FBR to look into the success of the ongoing process of netting tax evaders and the expansion of the tax net and submit a report by June 30.

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