Tax amendments

A NEW bill to amend the existing tax laws introduced in the National Assembly on Wednesday is set to increase pressure on tax evaders — identified in the draft as “ineligible” persons — by imposing limits on their spending on various assets beyond a specified threshold. The introduction of the new terms “eligible” and “ineligible” is meant to distinguish tax-compliant persons from non-compliant ones.

Eligible persons would be those who are active taxpayers. The immediate non-filer family members of such persons...