ISLAMABAD: Prime Minister Imran Khan on Thursday allowed the Federal Board of Revenue (FBR) to utilise data on how citizens are spending their money to identify tax dodgers and bring them into the tax net.
PM Imran Khan announced to launch a major campaign to expand the country’s narrow tax base, the news reported.
The FBR has already developed a database using information gathered from utility companies, air travelers, property buyers, and other sources. This information will be used to profile those people who may be tax dodgers and issue them notices.
Tax evaders will get notices through a centralized system aimed at bringing them into the tax net.
Special Assistant to the PM on Revenue Dr. Waqar Masood said, our efforts will be launched to broaden the taxpayer’s base to ensure that no existing taxpayers should be burdened more. Nearly 3.3 million NTN holders who do not file their tax returns, the government has therefore decided to expand the narrow tax base to bring many more into the tax net,
In the meantime, we have plenty of data of our own to enable us to launch a major tax broadening exercise as the PM has given us the go-ahead, SAPM added.
KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on January 28, 2023 (Saturday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||313||316|
|Hong Kong Dollar||HKD||30.94||31.29|
|New Zealand Dollar||NZD||156.69||158.69|
KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs209,600 on Saturday. The price of 10 grams of 24k gold was recorded at Rs174,990.
Likewise, 10 grams of 22k gold were being traded for Rs157,300 while a single tola of 22-karat gold was being sold at Rs 178,500.
Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.
|Lahore||PKR 209,600||PKR 2,220|
|Karachi||PKR 209,600||PKR 2,220|
|Islamabad||PKR 209,600||PKR 2,220|
|Peshawar||PKR 209,600||PKR 2,220|
|Quetta||PKR 209,600||PKR 2,220|
|Sialkot||PKR 209,600||PKR 2,220|
|Attock||PKR 209,600||PKR 2,220|
|Gujranwala||PKR 209,600||PKR 2,220|
|Jehlum||PKR 209,600||PKR 2,220|
|Multan||PKR 209,600||PKR 2,220|
|Bahawalpur||PKR 209,600||PKR 2,220|
|Gujrat||PKR 209,600||PKR 2,220|
|Nawabshah||PKR 209,600||PKR 2,220|
|Chakwal||PKR 209,600||PKR 2,220|
|Hyderabad||PKR 209,600||PKR 2,220|
|Nowshehra||PKR 209,600||PKR 2,220|
|Sargodha||PKR 209,600||PKR 2,220|
|Faisalabad||PKR 209,600||PKR 2,220|
|Mirpur||PKR 209,600||PKR 2,220|