Search

FBR moves to block SIM cards, disconnect electricity connections of tax evaders

07:47 PM | 13 Apr, 2024
FBR moves to block SIM cards, disconnect electricity connections of tax evaders
Source: File photo

The Federal Board of Revenue (FBR) has decided to block the SIM cards and disconnect electricity connections of people involved in tax evasion.

Reports suggest the FBR chairman has approved this plan. The FBR has identified two million tax evaders who are not paying tax or filing tax returns.

However, due to concerns raised by mobile companies regarding the impact of blocking a large number of SIMs, the decision was made to initially block the SIMs of 500,000 tax evaders.

The FBR chairman has endorsed this decision and issued directives to relevant officials accordingly. Additionally, it has been noted that the FBR possesses the authority to disconnect electricity connections, in addition to blocking SIM cards of non-filers. Special powers have been delegated to 145 district tax officers nationwide to enforce these measures. Non-filers will face action under Section 114-B, while tax evaders will also be dealt with accordingly.

FBR sources have revealed that 400,000 under-filers have been identified in collaboration with the Pakistan Telecommunication Authority (PTA). Despite having taxable income, these individuals have failed to file their returns. The FBR plans to issue an Income Tax General Order (IGTO) addressing this issue promptly.

Furthermore, it has been highlighted that despite previous notices sent by the FBR, some individuals still have not filed their returns. As part of the FBR's efforts to broaden the tax base, 100,000 non-filers have been identified, and their SIM cards will also be subject to blocking.

After extensive discussions involving the FBR, PTA, and telecom operators, the decision to block SIM cards has been finalized.

Daily Pakistan Global Web Desk

Advertisement

Pakistani Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 28 May 2024

Pakistani currency rates against US Dollar and other currencies on May 28, 2024 (Tuesday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.4 for buying and 280.25 for selling.

Euro stands at 298 for buying and 301 for selling while British Pound rate is 349.5 for buying, and 353 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal increased to 73.45.

Source: Forex Association of Pakistan. (last update 08:00 AM)

Currency Symbol Buying Selling
US Dollar USD 277.4 280.25
Euro EUR 298 301
UK Pound Sterling GBP 349.5 353
U.A.E Dirham AED 75.25 75.9
Saudi Riyal SAR 73.45 74.2
Australian Dollar AUD 183 184.8
Bahrain Dinar BHD 740.03 748.03
Canadian Dollar CAD 203 205
China Yuan CNY 38.42 38.82
Danish Krone DKK 40.44 40.84
Hong Kong Dollar HKD 35.62 35.97
Indian Rupee INR 3.35 3.46
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 904.07 913.07
Malaysian Ringgit MYR 59.05 59.65
New Zealand Dollar NZD 170.03 172.03
Norwegians Krone NOK 25.92 26.22
Omani Riyal OMR 723.64 731.64
Qatari Riyal QAR 76.42 77.12
Singapore Dollar SGD 203 205
Swedish Korona SEK 26.02 26.32
Swiss Franc CHF 304.75 307.25
Thai Bhat THB 7.6 7.75

Advertisement

Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter