FBR says 9,000 Pakistanis hold billions in deposits but pay no income tax

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Langrial has revealed that around 9,000 individuals in Pakistan collectively hold bank deposits worth Rs750 billion despite paying no income tax, highlighting significant gaps in the country’s tax system. The disclosure was made during a meeting of the National Assembly Standing Committee on Finance, chaired by Syed […]