Can it, however, function without tackling the fundamental and enduring problems of tax equality, policy changes, and institutional reorganization of the FBR? In fact, it’s a good idea to discourage tax evaders and cheaters from buying assets and investing their money in order to render “dirty money” obsolete.
However, how will the strategy be carried out? Instead of developing its own ability to catch the tax dodgers, the suggested proposal transfers the entire weight of a spender’s tax scrutiny to other regulators and sellers. It is also anticipated to cause issues for tax-exempt groups, including as housewives, Pakistanis living overseas, and individuals with yearly incomes under Rs 600,000. Will they have to provide yearly tax statements as well? The strategy does not make a distinction between middle-class and tax evaders.
