Traders of AQM involvement in tax evasion revealed
Tax evasion by FBR Sukkur officers, loss of billions to national exchequer
Investigative Reporter
SUKKUR: What institution has not suffered from termites? We have more interest than our total budget revenue. 2 big tobacco companies are stealing 240 billion rupees tax. Representatives of these 2 tobacco companies are present in this Parliament. There is a theft of 65 billion rupees in Mobil Oil. GST etc. is a theft of 2880 billion rupees. There is theft of 250 billion rupees in yarn.
Black money earned through tax evasion or crime gives birth to social, societal and political evils. In developing countries, every immoral and inhuman act is done to earn wealth.
Federal Board of Revenue (FBR) regional office Sukkur employees and officers are also allegedly causing billions of losses to the national exchequer through tax evasion.
According to the details, few employees of the FBR Sukkur have revealed on the condition of anonymity that the traders of Agha Qadir Dad Market Sukkur have arranged 2 separate registers to show the income to FBR. .
The employees of the AQM market Sukkur have also confirmed the report that the traders manages two records with the help of FBR officials so that the facts cannot be brought to light. .
Entrepreneurs involved in tax evasion also create 2 registers showing separate income showing actual and FBR. FBR is supported by Tax Consultant and FBR Field Inspector.
The FBR inspector under-enters the income in his records and collects sales and income tax on bogus documents and deposits it in the national exchequer. The theft of well-known businessmen can be easily caught due to the sly attempt to hide multiple cells.
Businessmen, hotels and other institutions of Sukkur region with the help of FBR officers cause loss of billions to the national exchequer every year. Businessmen who do not declare income are filling their pockets by collecting less tax.