The Federal Board of Revenue (FBR) has decided to audit retailers and real estate taxpayers who filed their income and sales tax returns.
Sources told ProPakistani that FBR has made a new strategy against tax evaders and under this, the tax department will audit retailers and real estate taxpayers who filed their income tax returns.
ALSO READ
The field offices of FBR will audit the income tax and sales tax of retailers. The retailers have also been asked to avoid mistakes in filing Income Tax and Sales Tax returns.
Similarly, a strategy has also been made to detect tax evasion in the real estate sector.
Sources said that the tax offices will also conduct audits of real estate taxpayers at their discretion instead of selecting cases through balloting.
Very sad news. Real state is the backbone of Pakistani industry. They should not be asked for any taxes. Most people who are becoming Billionaires in Pakistan is because of this sector. This sector should not be taxed and current status quo must be maintained.
Wow! Real state managers have become billionaires and they are demanding exemption from taxes. Really we are foolish who are paying taxes in time.