ISLAMABAD: The Federal Board of Revenue (FBR) was considering certain measures through the Finance Bill 2019-20 to penalise the officers found involved in getting bribes.
Sources said some strict action, including imprisonment, may be introduced for the tax officers as well as taxpayers involved in receiving or offering bribes. In case of video (supported by audio) evidencing any instance of bribery, the tax officer will be suspended instantly followed by an inquiry.
Moreover, all bank accounts of taxpayers involved in bribery will be blocked followed by a penal action. The tax officers will be barred from harassing taxpayers to pay advance sales tax/income tax liability just to meet their targets. To promote industrialisation and capital investment, income tax withholding at an import stage will be abolished on import of plants and machinery.
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