ISLAMABAD: Federal Minister for Information Fawad Chaudhry said Rs 3 trillion tax revenue has stuck up in stay orders of different courts given in dispute cases pertaining to tax recovery and collection.
Addressing a press conference in Islamabad after the cabinet meeting Minister said that the Federal Board of Revenue was unable to recover Rs3,000 billion due to ongoing cases in courts.
Fawad said that FBR was unable to recover tax money due to stay orders, adding the government respects all institutions and works with them in collaboration.
He said that a forum is being established to eliminate unnecessary delays in important administrative matters, including tax cases, investment, stay orders on administrative appointments, and other important cases, which have caused irreparable loss to the country.
He said that a huge amount Rs3 trillion tax dues of FBR and Rs 250 billion of the regulatory bodies were pending due to court cases and added that if the term of stay orders is fixed, it would be beneficial for the country and the nation.
Fawad said, “Pakistan is facing an administrative crisis due to stay orders given by the courts.”
Information Minister also said the Cabinet has approved a 15 percent pay-raise for the civil armed forces and 15 percent disparity allowance for federal employees from grade one to 19.
He said that there was no doubt that the price of petroleum products are increasing due to different factors, including hike in international prices.
Minister said $725 million have been received from international institutions for the purchase of vaccines, stating that vaccines worth $2.5 billion have already been administered to people.
