Annual cash withdrawal limit from banks set at 100 million rupees; decision made to exchange data to prevent tax evasion.
FBR and Banks Agree to Share Data to Tackle Tax Evasion Karachi – In a significant move to combat tax evasion and strengthen financial transparency, the Federal Board of Revenue (FBR) and commercial banks have agreed to implement a data-sharing system. Under this initiative, financial institutions and the FBR will exchange information to monitor large […]
