PESHAWAR: To improve tax compliance and discourage tax evasion, the Khyber Pakhtunkhwa Revenue Authority (KPRA) has confiscated the income data of a restaurant placed at Karnal Sher Khan Interchange.
On the directives of KPRA Director General Fauzia Iqbal, a group from the Mardan and Malakand areas, led by using Assistant Collector Waqar Ahmed, performed a raid on a eating place at Karnal Sher Khan Interchange on the Swat Motorway due to tax compliance troubles. The group seized the restaurant’s income information for scrutiny and targeted examination.
Initial investigations revealed that the sales records had been understated, and further examination may be carried out to assess the total volume of the discrepancies.
DG KPRA Fauzia Iqbal stated that strict measures are being taken to ensure tax compliance. I urge all non-compliant taxpayers to cooperate with the KPRA team and ensure complete compliance to keep away from legal motion,” she said. The DG additionally encouraged the public to report tax evasion to KPRA and help in building a tax-compliant Khyber Pakhtunkhwa.
The restaurant were visited a couple of times by a KPRA inspector, who had asked the control to put in and begin the usage of the Restaurant Invoice Monitoring System (RIMS). However, due to a lack of cooperation, the raid turned into performed in accordance with KPRA rules and rules.
