Pakistan, June 12 -- The federal government has decided to take strong actions to stop sales tax evasion in Pakistan. They want to increase tax registration and reduce the sales tax gap across the country. New rules were introduced in the Finance Bill 2024-25 to improve compliance and promote digital transactions.
Under these new rules, tax officials can ask banks to freeze accounts of people who are not registered for sales tax. This move will help banks block financial services for those avoiding taxes. It aims to make tax evasion harder and improve law enforcement.
After registration, the tax officials must quickly lift the freeze to let banking services return to normal. Affected people will have 30 days to appeal to the Chief Commi...
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