To tighten tax compliance, the Federal Board of Revenue (FBR) is set to launch a rigorous in crackdown on businesses that continue to operate without registration.
According to official reports, businesses that fail to comply will face severe consequences, including the freezing of bank accounts, property seizures, and disconnection of electricity and gas services.
Unregistered businesses risk further penalties, such as suspension and fines up to Rs 1 million.
This move follows the discovery of a significant sales tax gap of Rs 3,400 billion, prompting the FBR to initiate comprehensive documentation of business activities, from initial capital investment to production.
The enforcement will mainly target manufacturers and wholesalers with an annual turnover exceeding Rs 250 million, as well as unregistered distributors. Retailers generating over Rs 100 million in annual sales are also under scrutiny and will face similar penalties if they remain unregistered.