Will implement CNIC condition at every cost: FBR chairman

Will implement CNIC condition at every cost - FBR chairman
Murree: Federal Board of Revenue (FBR) chairman Shabbar Zaidi on Sunday vowed to implement CNIC condition at every cost.

Addressing the ceremony, Zaidi apprised attendants that path to progress of the country is tied with a transparent and updated tax-collection system.

“The aim of the tax collection is to give masses basic amenities by their very own money”, Zaidi was quoted as saying.

An analysis of 35 sectors by the FBR from July 2014 to March 2019 revealed that about 40% of the total sales of these sectors were to the unregistered persons, which was causing evasion of both the income tax and the sales tax.

Out of 35 sectors, more than half of the sales of 17 sectors were to the unregistered persons.