FBR formations are directed to ensure that all industrial and commercial consumers of Electricity and Gas distribution companies are registered under and file return of income, if required. Such consumers, who have not yet filed return of income to avail extension in time.
WAPDA should provide an easy way to change the name in case of inheritance, rent or purchase of property. There should be two names in WAPDA record permanent owner and temporary Owner.
0.25% wealth tax is not a bad idea. Exempt the Assets under direct personal use of the Tax Payer. Get Army help to identify the hidden wealth. Stop 5,000 note and Bearer Prize Bonds exceeding 1,000. Get black money in circulation.- Umar Farooq
Exempt individuals/AOP of previous years Audit.- another suggestion by Umar Farooq