Islamabad, Sep 27: FBR freeze banks accounts and Unregistered Businesses After Crackdown.
The Federal Board of Revenue (FBR) has identified a significant tax gap of Rs. 3,400 billion in uncollected sales tax, according to official sources.
In response, the FBR freeze bank accounts has decided to document every stage of business operations, starting from the initial capital to final production, to ensure tax compliance.
This move is aimed at addressing the tax shortfall by capturing all business activities that have previously gone unrecorded.
The effort underscores the government’s commitment to widening the tax net and improving overall revenue collection in Pakistan.
