MNA Ikhtiar Baig informed the National Assembly Standing Committee on Finance and Revenue on Thursday that the Federal Board of Revenue (FBR) had recovered over Rs. 80 million from the accounts of Kababjees restaurant in Karachi without providing an opportunity for hearing in various forums.
Baig expressed concern over the harassment faced by the business community due to the FBR’s actions.
FBR Chairman Rashid Langrial assured the committee that he would investigate the matter regarding the recovery from Kababjees accounts. Committee member Mirza Iftikhar Baig raised the issue during a session chaired by Nafeesa Shah.
The chairman was unaware of the specific case but assured the committee that he would look into the situation and update them after consulting the relevant FBR field office.
This development underscores the increasing scrutiny of businesses by tax authorities in Pakistan and highlights the importance for companies to maintain transparent financial practices to avoid similar situations.
The FBR’s recent actions, including the seizure of smuggled goods worth Rs. 106.08 billion in the 2023-24 fiscal year, reflect its intensified efforts to curb financial irregularities and enforce tax compliance across various sectors.
As the situation unfolds, it remains to be seen how Kababjees will respond and whether this incident will lead to broader discussions about the FBR’s methods and the rights of businesses under Pakistan’s tax laws.
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