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Finance Minister Calls for Devising Mechanism to Unearth Tax Fraud Cases

5 min read
Legal Expert
Finance Minister Calls for Devising Mechanism to Unearth Tax Fraud Cases
Finance Minister Muhammad Aurangzeb visited Federal Board of Revenue (FBR) Headquarters today and held a meeting with FBR Chairman Malik Amjed Zubair Tiwana and Members of the Board to discuss various tax related initiatives of the Revenue Division. During the meeting, discussions were held on Tajir Dost Scheme, different information technology projects and issues pertaining to tax fraud and fake invoices. Regarding Tajir Dost Scheme, the minister said that the scheme envisions bringing small traders into the tax net and the government is committed to make it successful in order to expand the tax base. The minister also called for devising an effective mechanism to unearth cases of tax fraud and fake invoices and ensure recovery of sales tax evaded through fraudulent ways. Various other matters including revenue collection efforts and digitalization of FBR also came under discussion during the meeting.
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Written by the expert legal team at Javid Law Associates. Our team specializes in corporate law, tax compliance, and business registration services across Pakistan.

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