- The National Board of Revenue (NBR) will introduce a QR code system on packaged goods to curb VAT evasion.
- The system will start with tobacco products and later expand to all packaged goods.
- The initiative aims to strengthen monitoring and reduce tax evasion in the retail market.
- Whistleblowers who report tax evasion will be rewarded, while offenders will face fines.
- The announcement was made by NBR Chairman Abdur Rahman Khan during a pre-budget meeting with business leaders.
Source: tbsnews.net
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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