55% of the capacity of the large sectors could not be identified
Islamabad: In a startling revelation, the Federal Board of Revenue (FBR) had no idea about 55% of production lines in four industries that were prone to tax evasion at the time of awarding a multi-billion rupee contract three years ago, according to a survey it conducted the contractor after winning the contract. The government had awarded a Rs25 billion contract to Authentix Inc to monitor the production of about 290 lines of cement, fertilizers, sugar and tobacco. After winning the contract, the company found that there were about 649 production lines, according to people who conducted the survey and saw
