June 26, 2025
NBR officials think the tax rates are too high for anyone to claim such benefits
Many of these generals, including a former army chief, have seen their assets seized and been banned from overseas travel
Only those with honest income able to buy large cattle for Eid are doing so, he says
The NBR will not question if undisclosed funds are invested in real estate but it does not mean other organisations will not, he says
The government has now decided to hike the tax rate substantially, but has not actually closed the loophole
The anti-graft watchdog says the move will promote corruption
It expects all opportunities to legalise black money will be eliminated in the interim government's budget