Govt Needs to Ensure Tax Collection from Telcos: Chairman NAB

Chairman NAB Justice Javed Iqbal stressed upon improving tax collection system of Federal Board of Revenue (FBR) saying that Pakistan is an investor friendly country and is the best country for Foreign Investment and we should try our utmost for collecting taxes for protecting our national interests as per law.

He said that mobile phone companies were allegedly not paying Rs. 400 billion per year in taxes to the Federal Board of Revenue (FBR). The potential tax is not being allegedly collected and deposited in the national exchequer by Mobile Phone Companies as reported.

Justice Javed Iqbal said that NAB has seven regional Bureaus headed by Director Generals of NAB who have already been directed to ensure resolving people’s corruption related complaints as per law.

The complainants must also be informed about the status of their complaints. He said that strict action be taken against NAB officials who call innocent people again and again unlawfully and reopen the inquiry/investigation once the case has closed.