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Pakistan

February 19, 2020

FBR sends notices to 24 bridal dress designers for allegedly evading tax

Pakistan

Wed, Feb 19, 2020

KARACHI: The Federal Board of Revenue (FBR) on Wednesday identified and sent notices to 24 bridal dress designers for allegedly being involved in "massive tax evasion", Geo News reported.

According to a notification by the bureau, some bridal dress designers paid 'meager' tax or were not even on the tax roll despite making millions from a single dress. 

The FBR said that it was surveying for new taxpayers when the bureau came to know about the alleged tax evasion. 

The names of famous designers such as Wardha Saleem, Sania Maskatiya, Amna Chaudhry, Natasha Kamal, and others were mentioned in the list who were sent notices. 

"Their declared income does not commensurate with their receipts," read the notice.

The FBR said that the designers' tax returns were being analysed and a desk audit was being conducted. 

The bureau said that the information about the designers' income will be matched with their declared Income and Wealth statements filed.

"It is estimated that a huge loss of revenue would be detected," read the notification.