NAB Chief says cellular companies evading taxes of Rs400 billions annually


Chairman, National Accountability Bureau (NAB), Justice (retd) Javed Iqbal has said that cellular companies are evading taxes to the tune of Rs400 billions annually, causing heavy loss to national exchequer.

According to a NAB spokesman, the anti-graft body chief said that cellular companies were not paying taxes amounting to Rs400 billions annually. He added that evasion of taxes by the companies was causing heavy loss to the national exchequer.

The NAB chairman directed all regional offices of the Bureau to play their role in elimination of corruption.

Earlier Justice Javed Iqbal said that the Bureau was following policy of zero tolerance regarding corruption.

He added that he was himself mentoring the references being filed in the courts. He added that for elimination of white collar crimes, investigation on scientific lines would be carried out.