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Pakistan authorities clamping down on wealthy tax evaders

Karachi’s Federal Board of Revenue (FBR) is tightening its surveillance over high net worth individuals (HNWIs) who are thought to be evading taxes by concealing assets. “The authority is investigating into the assets of individuals to assess the incomes concealed by them and to bring their hidden wealth under the tax net eventually,” Zafar Iqbal Khan, director Inland Revenue, Intelligence…

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