ISLAMABAD – Tax Reforms Commission suggested the government and Federal Board of Revenue to collect tax from all Federal, provincial and local tax payers on Wednesday.
The commission has published all tax laws, notifications, and rules and circulars in Urdu.
The commission also proposed to increase fine on secret and suspicious financial activities to make the system transparent.
The commission has also suggested ceasing all the hidden accounts and assets of the Pakistani National anywhere in the world.
The tax commission constituted by finance minister suggested a proposal to impose tax on income through all means and sources.
Commission has shown concerns over politicians and other business entrepreneurs hiding their assets in and outside the country.
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