FBR confiscates 8 undeclared asset holdings for 90 days

MG News | July 03, 2019 at 05:43 PM GMT+05:00

0:00

July 3, 2019 (MLN): The Federal Board of Revenue (FBR) exposed 8 non-verified asset holders in an official notice dated yesterday, and granted approval for confiscation of their assets for a period of 90 days.

As per the notice, the confiscated properties include 2 plots near Civil Lines in Karachi and 1 plot in Clifton. The remaining confiscated assets comprise of a total of 52.3 million shares of Thatta Cement Company and 60 million preference shares of Summit Bank.

Copyright Mettis Link News

Related News

OMO Result: SBP injects Rs1.72tr

Weekly SPI increases by 0.95%

FinMin flags population growth as major threat to $3tr Economic Vision

Name	Price/Vol	%Chg/NChg
KSE100	134,299.77 290.06M	0.39% 517.42
ALLSHR	84,018.16 764.12M	0.48% 402.35
KSE30	40,814.29 132.59M	0.33% 132.52
KMI30	192,589.16 116.24M	0.49% 948.28
KMIALLSHR	56,072.25 387.69M	0.32% 180.74
BKTi	36,971.75 19.46M	-0.05% -16.94
OGTi	28,240.28 6.19M	0.21% 58.78

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	118,140.00	119,450.00 115,635.00	4270.00 3.75%
BRENT CRUDE	70.63	70.71 68.55	1.99 2.90%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	1.10 1.14%
ROTTERDAM COAL MONTHLY	108.75	108.75 108.75	0.40 0.37%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	68.75	68.77 66.50	2.18 3.27%
SUGAR #11 WORLD	16.56	16.60 16.20	0.30 1.85%