{"id":69471,"date":"2020-08-20T17:36:37","date_gmt":"2020-08-20T12:36:37","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=69471"},"modified":"2020-08-20T17:36:38","modified_gmt":"2020-08-20T12:36:38","slug":"fbr-launches-crackdown-against-fake-invoices","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-launches-crackdown-against-fake-invoices.html","title":{"rendered":"FBR launches crackdown against fake invoices, state officials involved in private practice"},"content":{"rendered":"\n<p>Islamabad: The Federal Board of Revenue (FBR) has launched a crackdown against the use of fake invoices to evade taxes, a news source reported on August 19. FBR Chairman Javed Ghani has issued instructions to various FBR field offices to expedite the operations against this practice.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/fbr-directed-pay-outstanding-income-tax-refunds-one-week.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR directed to pay outstanding income tax refunds within one week<\/a><\/p>\n\n\n\n<p>The Karachi Field Office also took action against a business unit evading taxes and duties as well as issuing fake invoices which were being used by the buyers to claim input adjustments and refunds. The unit has cost the national exchequer nearly PKR 210 million in losses.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/fbr-amends-income-tax-rules-obtain-account-holders-information.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR amends Income Tax Rules to obtain account holders\u2019 information<\/a><\/p>\n\n\n\n<p>Moreover, the FBR also found another case with PKR 105 million in tax evasion, also through fake and flying invoices. In a related report, the board has also urged public to come forward and reveal the identity of FBR\u2019s officials involved in private practice of taxation laws which the contravenes Civil Service Act.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) has launched a crackdown against the use of fake invoices to evade taxes, a news source reported on August 19. FBR Chairman Javed Ghani has issued instructions to various FBR field offices to expedite the operations against this practice. Read: FBR directed to pay outstanding income tax refunds within one week The Karachi Field Office also took action against a business unit evading taxes and duties as well as issuing fake invoices which were being used by the buyers to claim input adjustments and refunds. The unit has cost the national exchequer nearly PKR 210 million in losses. Read: FBR amends Income Tax Rules to obtain account holders\u2019 information Moreover, the FBR also found another case with PKR 105 million in tax evasion, also through fake and flying invoices. In a related report, the board has also urged public to come forward and reveal the identity of FBR\u2019s officials involved in private practice of taxation laws which the contravenes Civil Service Act.<\/p>\n","protected":false},"author":57,"featured_media":61403,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[37344,37345,37346,37347],"persona":[],"class_list":{"0":"post-69471","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"tag-fake-invoices","9":"tag-fbr-crackdown","10":"tag-fbr-launches-crackdown-against-fake-invoices","11":"tag-state-officials-involved-in-private-practice","12":"cat-15015-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FBR launches crackdown against fake invoices - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Federal Board of Revenue (FBR) has launched a crackdown against the use of fake invoices to evade taxes, a news source reported on August 19.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/fbr-launches-crackdown-against-fake-invoices.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR launches crackdown against fake invoices - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Federal Board of Revenue (FBR) has launched a crackdown against the use of fake invoices to evade taxes, a news source reported on August 19.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-launches-crackdown-against-fake-invoices.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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