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Home FBR & Customs

Be careful: FBR cracks down on doctors, beauty parlors, and paint sector under IMF pressure

9 months ago
in FBR & Customs
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ISLAMABAD (Web Desk) โ€“ The Federal Board of Revenue (FBR) has launched a tough crackdown on high-earning doctors, beauty parlors, and the paint industry in major cities, following strict International Monetary Fund (IMF) conditions. The move aims to widen the tax net and tackle tax evasion, with thousands of private auditors set to comb through records.

Read also:ย Rs30bn tax fraud detected in tile industry; FBR orders installation of surveillance cameras

According to sources, the first phase will target the income of 250 top-earning doctors in Karachi, Lahore, and Islamabad. Upscale beauty parlors and cosmetic sellers are also under FBRโ€™s radar, while private paint companies suspected of dodging taxes will face scrutiny.

So far, 600 private auditors have been hired, and another 200 are expected in the coming days. In total, around 2,000 private auditors will carry out the audits, all strictly bound to maintain taxpayer confidentiality.
The initiative highlights the governmentโ€™s resolve to bring more high-income professionals and businesses into the tax net, aiming to boost revenue collection and close the tax gap, in line with IMF requirements.

FBR, IMF, tax crackdown, doctors, beauty parlors, paint industry, tax evasion, Pakistan economy, private auditors
The FBR has launched a crackdown on high-earning doctors, beauty parlors, and the paint sector in major cities, employing thousands of private auditors to curb tax evasion under IMF conditions.

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