ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Langrial announced plans to impose Rs. 312 billion in new taxes for the upcoming fiscal year, expressing confidence in achieving revenue targets. Speaking at a press briefing, Langrial revealed expanded enforcement against tax evasion in key sectors, citing a 39% surge in sugar industry collections as proof of strategy.
Langrial confirmed illegal tobacco businesses are being targeted for inclusion in the tax net, while beverage and poultry sectors will face intensified scrutiny. He acknowledged past failures against “tax mafias” but insisted current measures—praised by the IMF for boosting collections by 18-20%—would succeed. “Within three months, we’ll see whether the mafia or government prevails,” he stated, vowing victory this time.
The FBR chief highlighted the sugar sector as a benchmark, where enforcement reversed historical evasion pattern
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