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%)

PESHAWAR: To improve tax compliance and discourage tax evasion, the Khyber Pakhtunkhwa Revenue Authority (KPRA) continued its crackdown on the business premises of non-compliant taxpayers in Peshawar, on the directives of DG KPRA Fouzia Iqbal.

A team of KPRA Peshawar including Assistant Collector Khalid Mansoor, Assistant Collector Roohullah Khan, Assistant Collector Shahnawaz Khan, Assistant Collector Muhammad Imran Khan, Inspector Muhammad Afzal Abid, Auditor Hadi Hussain Bangash and Auditor Sikandar Hayat conducted a raid on a restaurant located in Peshawar Saddar Cantonment area and confiscated its record, said a statement here on Sunday.

On the directives of Fouzia Iqbal, KPRA has launched a crackdown against non-compliant taxpayers across the province.

In this regard, the KPRA team confiscated records of a big restaurant located in the Cantt area in Saddar. The restaurant was earlier served with notices and its management was asked to submit their records to KPRA. However, they did not respond to the notices, after which the KPRA team conducted a raid on the restaurant and confiscated its record, as per KPRA rules and regulations, for examination.

DG KPRA Fouzia Iqbal has said that tax evasion would not be tolerated at any cost and I would inform all the non-compliant taxpayers to start cooperation with the KPRA team and ensure complete tax compliance to avoid legal actions. She said they were observing persisting non-compliance from numerous taxpayers in Peshawar other areas and despite the issuance of several notices by KPRA certain hotels and restaurants were still not compliant after which the crackdown was launched.

She said that KPRA teams will not only confiscate their records but will also opt for attachment of bank accounts, and even sealing of businesses if the restaurant and hotel owners continue to evade tax and remain non-compliant.

“To avoid strict actions from KPRA, all registered persons who have failed to deposit tax, made short payments, not issued proper sales tax invoices, or under-reported their sales must settle their tax liabilities and deposit the due tax promptly,” said DG KPRA.

Copyright Business Recorder, 2024

Comments

Comments are closed.