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ISLAMABAD: The Federal Board of Revenue (FBR) has asked the researchers and professors of the London School of Economics (LSE) to prepare a model for the selection of at least 100,000 potential tax evaders who will not be allowed to avail the upcoming amnesty scheme, said sources on Wednesday.
These identified tax evaders will be given two options, one to pay presumptive tax in accordance with the assessment made by the tax authorities on the basis of their profile information gathered through international traveling, number of bank accounts, expensive vehicles, payment of heavy utility bills and others, or file self-assessment-based returns, they said.
“Dr Ijaz Nabi, renowned economist of International Growth Centre, and researchers of the LSE are helping the FBR to prepare a model for this task as these potential dodgers will not be able to avail the upcoming amnesty scheme,” said sources in the FBR.
Officials said that the FBR would go ahead to catch 0.2 to 0.3 million evaders but at least 0.1 million would be targeted in a severe manner.“The Federal Board of Revenue will deal with the big fishes in a serious manner as there will be no exception in this drive,” he added.
According to the FBR data shared with the federal cabinet on Wednesday, there are 3.1 million identified non-filers on the basis of frequent travels abroad, users of credit cards, living in posh areas, possesses weapons, expensive vehicles, several bank accounts and heavy utilities consumption, of which 2.4 million do not have a national tax number (NTN) and 0.7 million having NTNs but still non-filers, said official.
The FBR data revealed that a large number of tax evaders of over 1.1 million, of identified people belonged to the age group of 18 to 35 years. In the age group of 18 to 25 years, there are 242,640 evaders, 465,549 people are in the age group of 26 to 30 years and 393,850 people are in the age group of 31 to 35 years. The tax evaders in the age group of 36 to 40 years stood at 355,744, age group between 41 to 45 years stood at 285,409, in the age group between 46 to 50 years up to 256,089 people, in the age group between 51 to 55 years up to 204,498 people and in the age group between 56 to 60 years there are 156,147 people, said official. The majority of tax evaders, ie, 326,144 live in Karachi, 238,050 in Lahore, 117,639 in Rawalpindi, 101,422 in Faisalabad, 97,391 in Sialkot, 84,798 in Gujranwala, 73, 729 in Gujrat, 56, 613 in Multan, 55,190 in Peshawar, and 54,130 lives in Islamabad.
By profession, the majority of tax evaders, ie, 62,779 are traders, 36, 270 contractors, 17,853 are importers / exporters, 13,531 owns general stores, 10,728 are Jewellers, small industry 10,105, construction 9,569, medical 9,330, travel agents 5,426 and filling stations 3,766.
These identified tax evaders will be given two options, one to pay presumptive tax in accordance with the assessment made by the tax authorities on the basis of their profile information gathered through international traveling, number of bank accounts, expensive vehicles, payment of heavy utility bills and others, or file self-assessment-based returns, they said.
“Dr Ijaz Nabi, renowned economist of International Growth Centre, and researchers of the LSE are helping the FBR to prepare a model for this task as these potential dodgers will not be able to avail the upcoming amnesty scheme,” said sources in the FBR.
Officials said that the FBR would go ahead to catch 0.2 to 0.3 million evaders but at least 0.1 million would be targeted in a severe manner.“The Federal Board of Revenue will deal with the big fishes in a serious manner as there will be no exception in this drive,” he added.
According to the FBR data shared with the federal cabinet on Wednesday, there are 3.1 million identified non-filers on the basis of frequent travels abroad, users of credit cards, living in posh areas, possesses weapons, expensive vehicles, several bank accounts and heavy utilities consumption, of which 2.4 million do not have a national tax number (NTN) and 0.7 million having NTNs but still non-filers, said official.
The FBR data revealed that a large number of tax evaders of over 1.1 million, of identified people belonged to the age group of 18 to 35 years. In the age group of 18 to 25 years, there are 242,640 evaders, 465,549 people are in the age group of 26 to 30 years and 393,850 people are in the age group of 31 to 35 years. The tax evaders in the age group of 36 to 40 years stood at 355,744, age group between 41 to 45 years stood at 285,409, in the age group between 46 to 50 years up to 256,089 people, in the age group between 51 to 55 years up to 204,498 people and in the age group between 56 to 60 years there are 156,147 people, said official. The majority of tax evaders, ie, 326,144 live in Karachi, 238,050 in Lahore, 117,639 in Rawalpindi, 101,422 in Faisalabad, 97,391 in Sialkot, 84,798 in Gujranwala, 73, 729 in Gujrat, 56, 613 in Multan, 55,190 in Peshawar, and 54,130 lives in Islamabad.
By profession, the majority of tax evaders, ie, 62,779 are traders, 36, 270 contractors, 17,853 are importers / exporters, 13,531 owns general stores, 10,728 are Jewellers, small industry 10,105, construction 9,569, medical 9,330, travel agents 5,426 and filling stations 3,766.
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