Taxes still lower in Pakistan than other countries: Chairman FBR

LAHORE, March 13: The FBR won’t cease the bank accounts of businessmen if chambers of commerce take responsibility of tax collection, Chairman of the tax authority said on Sunday. Chairman Federal Board of Revenue (FBR) Dr Ashfaq Ahmed was talking to media at Lahore ChamberCommerce. He claimed that the taxes in Pakistan are still lower than several other countries of the world. “We also have to workout to get rid of the menace of the FATF,” replying a question he said. Chairman FBR said that a meeting of Pakistan has been scheduled with the IMF. “We should not wait for the IMF and see on our own, how to run the economy,” FBR chief opined. – DNA