Pakistan People’s Party Senator Saleem Mandviwalla has lamb lasted the Audit Policy of Federal Board of Revenue (FBR) terming it a disaster for tax system of the country.
In a statement issued from his office, Chairman Senate Standing Committee on Finance and Revenue, Senator Saleem Mandviwalla showed has reservations on the Audit Policy, by which more than 93,000 tax payers will be audited,
He said that the so called Audit Policy will prove a tool to harass the honest tax payers of the country, due to this audit policy more people will go out from the tax net.
Senator Saleem Mandviwalla said that it is unfortunate that out of 0.9 million tax payers 0.1 million would be audited. FBR is busy in threatening and harassing the tax payers by different ways and means. It is making raid on the offices of the tax payers and issuing notices on every day. It is totally un-understandable for what purpose it is doing such actions against the tax payers.
He said that FBR is complexly failed to increase the tax net of the country, FBR wants that people should not made part of the tax net and its actions proving all this.
Senator Saleem Mandviwalla said that FBR has done nothing on the data of high net wealth individuals- rather it has put this in the dustbin. PPP has given that data of more than 0.7 m high net wealth individuals by the record of NADRA. These peoples are enjoying every facility in the country, they are living in Luxury Villas, travelling abroad every month, their children are studying abroad and they have a bank balance of billions but they are out of the tax net. FBR never questioned them that why they are not paying taxes. FBR is only milking the honest tax payers of the country through such Audit Policies.
Senator Mandviwalla said that FBR should revisit its Audit Policy to provide relief to the tax payers who are already in the tax net.