Tax evaders

Revenue board chief endorses disconnection of 500,000 SIMs

Tarin to head committee empowered to approve arrest of those hiding income

Allies decry heavy taxation on food products as it may cause double-digit inflation

The manufacturers were also understating their cost of sales by showing them as margins of distributors

Move aims at eradicating corruption in tax collecting body

Meeting discussed various proposals that could create revenue cushion of about Rs1.45 trillion in next fiscal year

Ankara cites incomplete data for not providing information

Also plans to complete SME strategy by early April to boost sector

Tells FBR chairman his organisation could not be reformed

Believes it will encourage documentation of informal economy