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
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