The Federal Board Of Revenue (FBR) has come up with a new idea to promote the culture of tax and curb the tax evasion culture in the country. Following the drive and focusing on eliminating the culture of tax evasion, the financial body has announced rules under which 20 percent of the total amount of tax collected will be given to the citizens assisting it in tracing the tax evaders, reported on Tuesday.
The Federal Bureau of Revenue has also announced 12 to 24 percent increase in the salaries of its employees showing exceptional performance.. Similarly, the authority has also announced three additional packages for its employees showing better performance.
The new rules, which have taken effect from January 1, 2021, will apply to the recovery of Federal Excise Duty, Income and Sales Tax.
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