FBR to Launch an Aggressive Tax Collection Drive - Android
Chairman FBR Shabbar Zaidi has announced that FBR will launch an aggressive registration drive for tax collection from 15th October.… Read More
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Chairman FBR Shabbar Zaidi has announced that FBR will launch an aggressive registration drive for tax collection from 15th October.
In a tweet on Friday, he said that all industrial and commercial consumers are required to be registered for tax purposes. He said the FBR has been using persuasive modus operandi for this.
All industrial and commercial consumers are necessarily required to be registered for tax purposes. FBR had been using persuasive modes operandi for the same. In order to achieve the desired results an aggressive drive will be undertaken from October 15, 2019
— Syed Shabbar Zaidi (@ShabarZaidi) October 4, 2019
Earlier, the chairman said that over 60,000 notices to non-registered/non-compliant industrial and commercial consumers in Faisalabad are being sent by the FBR and Faisalabad Electric Supply Company (Fesco). Strict action will be taken against them, which will also be replicated around the country, the tweet added.
In a letter to the Ministry of Water and Power, the FBR sought help for the implementation of Section 181AA of Income Tax Ordinance 2001, which specifically stipulates that any application for commercial or industrial connection of electricity or gas shall not be processed and a connection shall not be provided unless the person is registered for filing of income tax returns.
He requested Ministry of Power to issue instructions to power distribution companies to apprise them that it is mandatory to be on ”Active Taxpayers List (ATL)” for every commercial and industrial electricity or gas consumer.
Moreover, the Federal Board of Revenue (FBR) has collected over Rs. 960 billion during the first quarter (July-September) of 2019-20, which is 90% of the target for the quarter, claimed the chairman.
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