Although the documentation of economy is a step forward towards increase in tax to GDP ratio, but there was a great trust deficit that existed between the tax payers and Federal Board of Revenue’s (FBR) tax officials. Vice President Islamabad Chamber of Commerce and Industry (ICCI), Shahid Zaman Shinwari said requirement of annexure D relating to the personal expenditures of individual tax payee, that includes details of expenditures on personal phones and other utilities, children education and other personal expenditures, have been demanded. The small traders are frightened to provide all this detail as this step may also lead to tax harassment. On demand of small traders, ICCI urged FBR to take small traders in confidence so that they can file their returns and deposit tax in government treasury.
