AGL 38.02 Increased By ▲ 0.08 (0.21%)
AIRLINK 197.36 Increased By ▲ 3.45 (1.78%)
BOP 9.54 Increased By ▲ 0.22 (2.36%)
CNERGY 5.91 Increased By ▲ 0.07 (1.2%)
DCL 8.82 Increased By ▲ 0.14 (1.61%)
DFML 35.74 Decreased By ▼ -0.72 (-1.97%)
DGKC 96.86 Increased By ▲ 4.32 (4.67%)
FCCL 35.25 Increased By ▲ 1.28 (3.77%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.17 Increased By ▲ 0.42 (3.29%)
HUBC 127.55 Increased By ▲ 6.94 (5.75%)
HUMNL 13.50 Decreased By ▼ -0.10 (-0.74%)
KEL 5.32 Increased By ▲ 0.10 (1.92%)
KOSM 7.00 Increased By ▲ 0.48 (7.36%)
MLCF 44.70 Increased By ▲ 2.59 (6.15%)
NBP 61.42 Increased By ▲ 1.61 (2.69%)
OGDC 214.67 Increased By ▲ 3.50 (1.66%)
PAEL 38.79 Increased By ▲ 1.21 (3.22%)
PIBTL 8.25 Increased By ▲ 0.18 (2.23%)
PPL 193.08 Increased By ▲ 2.76 (1.45%)
PRL 38.66 Increased By ▲ 0.49 (1.28%)
PTC 25.80 Increased By ▲ 2.35 (10.02%)
SEARL 103.60 Increased By ▲ 5.66 (5.78%)
TELE 8.30 Increased By ▲ 0.08 (0.97%)
TOMCL 35.00 Decreased By ▼ -0.03 (-0.09%)
TPLP 13.30 Decreased By ▼ -0.25 (-1.85%)
TREET 22.16 Decreased By ▼ -0.57 (-2.51%)
TRG 55.59 Increased By ▲ 2.72 (5.14%)
UNITY 32.97 Increased By ▲ 0.01 (0.03%)
WTL 1.60 Increased By ▲ 0.08 (5.26%)
BR100 11,727 Increased By 342.7 (3.01%)
BR30 36,377 Increased By 1165.1 (3.31%)
KSE100 109,513 Increased By 3238.2 (3.05%)
KSE30 34,513 Increased By 1160.1 (3.48%)

KARACHI: The tax evaders and black economy mafia bosses are putting a strong resistance to the bids of government to broaden tax base and the government should also resist them bravely, said Pasban Democratic Party (PDP) Chairman Altaf Shakoor here Sunday.

He said the decision of the FBR to block the cell phone SIMs of tax evaders is a welcome decision, adding without taking such strong and unpopular decisions our sagging economy couldn’t be salvaged.

He said the government presently only squeezes the salaries class while other high-earning segments of society easily evade taxes. He said the poor people are burdened with indirect taxes while the elite class enjoys every sort of relief.

Altaf Shakoor regretted that our political parties also support the tax evaders and corrupt elite class people. Every effort of the government to increase the tax base fails because of the lack of political will. He said major tax evaders reportedly belong to the elite class and they sabotage every step aimed at broadening tax base. He said these people are also funding and running our major political parties.

He said the government must use the artificial intelligence to net the tax evaders. He said the FBR and the State Bank of Pakistan have extensive records and data of the financial transactions and expenses incurred in the country. If they are really sincere to chase the tax evaders our tax collection could be easily doubled. He said we depend on IMF loans because we generate very low taxes. The only way to break this debt trap is to increase our tax collection and all-out efforts should be taken in this regard.

He said the courts should also decide the pending tax cases timely as presently litigation involving billions of rupees is pending with court.

He said the FBR should be purged from corrupt officers who give shelter to the mega tax evaders. He said strict action is urgently needed against the corruption and kickbacks mafia whose interests are being looked after by the notorious people sitting in the corridors of power.

He said we can’t end corruption by sending small-scale corrupt people to jail and the mega-scale corrupt people to the corridors of power. He said this type of hypocrisy must end for good now.

Copyright Business Recorder, 2024

Comments

Comments are closed.