KPRA Intensifies Crackdown on Tax Evasion in Khyber Pakhtunkhwa

The Khyber Pakhtunkhwa Revenue Authority (KPRA) is ramping up its efforts to improve tax compliance across the province. This article details the recent crackdown on non-compliant businesses in Peshawar and the importance of tax adherence.

KPRA Targets Non-Compliant Restaurants:

• A KPRA team, led by Assistant Collectors and Inspectors, raided a restaurant in Peshawar's Saddar Cantonment area for failing to respond to tax notices.
• The restaurant's records were confiscated for examination as per KPRA regulations.

KPRA's Stance on Tax Evasion:

• KPRA Director General (DG) Fouzia Iqbal emphasizes zero tolerance for tax evasion.
• She urges non-compliant taxpayers to cooperate with the KPRA and ensure complete tax compliance to avoid legal actions.
• The KPRA has observed persistent non-compliance, particularly in the hotel and restaurant sectors.

Potential Consequences for Non-Compliance:

KPRA's actions may include:

• Record confiscation
• Bank account attachment
• Business sealing

Importance of Tax Compliance:

• Timely tax payments and accurate record-keeping are crucial for businesses.
• Tax revenue supports essential public services like infrastructure development and social welfare programs.

Looking Ahead:

• The KPRA's crackdown is expected to continue, targeting non-compliant businesses across Khyber Pakhtunkhwa.
• Businesses are advised to consult tax professionals and ensure adherence to KPRA regulations to avoid penalties.

This article was published at Khyber Pakhtunkhwa Ramps Up Tax Compliance Drive