FBR launches crackdown against 169 wealthy non-filers

News Image

MG News | October 02, 2018 at 05:49 PM GMT+05:00

October 2, 2018 (MLN): Federal Board of Revenue (FBR) has launched a crackdown against potentially wealthy non-filers, on the instructions from Finance Minister Asad Umar.

Around 169 potential non-filers have been rounded up who have bought over 3000 CC or larger cars and have paid millions in property rents, yet have not made any tax payments or filed tax returns. FBR plans to take strict action against these individuals.

These individuals are known to have made large business transactions and financial deals recently.

All tax evaders who have recently purchased properties worth over Rs.20 million, 1800 CC or larger engine cars or received rent to the tune of Rs.10 million or more annually will be tapped down by FBR.

 Drive for the recovery of tax from these big tax evaders is being launched across Pakistan without any discrimination.

The FBR has further warned the tax evaders to file their tax returns and pay their due taxes within the due date

Copyright Mettis Link News

 

Related News

Name Price/Vol %Chg/NChg
KSE100 167,193.44
366.12M
0.88%
1456.68
ALLSHR 101,164.95
815.04M
0.80%
806.11
KSE30 49,320.68
134.37M
0.99%
482.30
KMI30 238,958.16
110.19M
0.84%
2000.56
KMIALLSHR 65,336.06
481.98M
0.82%
528.42
BKTi 46,284.55
24.74M
0.99%
454.81
OGTi 33,773.06
6.87M
0.71%
237.97
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 77,830.00 79,875.00
76,260.00
-2915.00
-3.61%
BRENT CRUDE 112.13 114.07
111.03
-2.75
-2.39%
RICHARDS BAY COAL MONTHLY 128.50 0.00
0.00
-1.55
-1.19%
ROTTERDAM COAL MONTHLY 145.70 145.70
145.60
-0.15
-0.10%
USD RBD PALM OLEIN 1,182.50 1,182.50
1,182.50
0.00
0.00%
CRUDE OIL - WTI 103.26 104.99
102.43
1.26
1.24%
SUGAR #11 WORLD 19.52 19.80
19.34
0.18
0.93%

Chart of the Day


Latest News
October 30, 2026 at 06:10 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


October 30, 2026 at 12:02 AM GMT+05:00

Diesel price rises by Rs0.85/litre, petrol unchanged


October 29, 2026 at 11:57 PM GMT+05:00

SBP reserves rise $33m to $21.5bn


October 29, 2026 at 11:43 PM GMT+05:00

SCRA balance falls Rs115m to Rs38bn in week ended Oct 23


October 29, 2026 at 09:02 PM GMT+05:00

Banks to extend Saturday hours for tax payments



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg