FBR Has Authority to Arrest Tax Evanders PowerPoint PPT Presentation

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Title: FBR Has Authority to Arrest Tax Evanders


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FBR Has Authority To Arrest Tax Evanders
  • 24 News HD

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24 News HD
  • Speaking during the meeting of the Senate
    Standing Committee on Finance, the new economic
    czar announced that the powers to arrest people
    would be taken back from a grade-19 assistant
    commissioner but would rest with a committee
    comprising him, the special assistant to PM on
    revenue and the Federal Board of Revenue (FBR)
    chairman.
  • 24 News HD gives Latest Pakistan News about FBR
    to take arrest those people who don't give tax.

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24 News HD
  • The text of the Clause 203A does not reflect my
    intentions and I have asked the law minister to
    rewrite it, Tarin said while responding to
    criticism over allowing FBR assistant
    commissioner to arrest people on the suspicion of
    concealment of income.

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  • The FBR itself cannot do anything against the
    taxpayer and instead, a third party will deal
    with the issue, he added.
  • A committee comprising the finance minister, the
    special assistant to PM on revenue and the FBR
    chairman will make the decision on arresting
    people on the charges of tax evasion.

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  • The minister further said the government wanted
    to use the powers to arrest only for deterrence
    and did not intend to arrest more than 20 to 25
    people.
  • The flurry of tax notices by the FBR has also
    been stopped.
  • Tarin offered the standing committee to propose
    changes in the clause but he repeatedly stressed
    the need to retain these powers.

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  • There is a lack of tax culture in Pakistan and
    the countrys elites even do not want to file
    their annual income tax returns.
  • The government has proposed exempting all
    political parties from income tax while also
    allowing them not to file their annual income tax
    returns.
  • I will look into this matter, as I do not know
    about this clause, Tarin said after the meeting
    when he was asked about the issue.

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  • Tarin replied that he has already asked the FBR
    to withdraw the proposed legal changes.
  • Later, Senator Subzwari raised the question as to
    whether or not finance minister would have enough
    time to decide about matters such as arrests.
  • PPPs Senator Sherry Rehman said the committee
    members were of the view that Clause 203A should
    be deleted from the Finance Bill.
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