Pakistan aims to boost tax collection by targeting over 190,000 identified tax evaders.
Pakistan's FBR reports a tax gap exceeding Rs7.1 trillion, with the income tax gap at Rs2.4 trillion. The government aims to raise the tax-to-GDP ratio from 9-10% to 13.5% by targeting tax evaders and formalizing the informal sector. The FBR has issued notices to 19,000 people, with 38,000 submitting returns totaling Rs370.7 million. India is also cracking down on tax evasion, conducting over 3,000 surveys and enhancing digital services for taxpayers. Pakistan has identified around 190,000 tax evaders owing Rs60 billion.
3 months ago
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