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FBR Restricts Cash Withdrawal for Non Compliant Taxpayers


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FBR Restricts Cash Withdrawal for Non Compliant Taxpayers
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12-23-2024, 09:35 AM
FBR Restricts Cash Withdrawal for Non Compliant Taxpayers

The Tax Laws (Amendment) Bill 2024 introduces a significant change by granting the FBR the power to restrict bank account operations of individuals who fail to comply with tax obligations. This measure aims to enhance tax compliance and curb illicit financial flows. Key Provisions: Section 114C: This section empowers the Commissioner of Income Tax to […]


https://taxationpk.com/fbr-restricts-cas...taxpayers/
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