The Federal Board of Revenue (FBR) has launched a nationwide operation against jewelers operating outside the tax network or paying taxes under their actual capacity.
FBR officials said messages have been issued to jewelers in Islamabad, Rawalpindi, Faisalabad and Multan. Out of 57,000 jewelers across the country, only 20,000 are registered, and of these only 10,000 have filed their tax returns, Express News reported
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In Islamabad alone, there are 50 jewels whose tax returns do not match the size of their stores, business transactions or living standards.
Thousands of other jewelers remain outside the taxi, and messages are issued to seek explanations from them.
FBR officials clarified that no trader or industrialist would be targeted for no reason, but strict action would be taken against confirmed tax evasion.
“If every citizen pays their proper taxes honestly, the country’s economy can run more effectively,” said FBR officials. The authority aims to include all sectors in the tax network to ensure complete elimination of tax evasion.
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The crash comes as part of the FBR’s ongoing efforts to expand the tax base, slow down evasion and strengthen fiscal compliance across all business sectors.
