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Home Lahore

FBR’s BTB freezes bank accounts of 100 millionaires for tax evasion

bySajid Nawaz
16/01/2016
in Lahore, Latest News
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LAHORE:  The Federal Board of Revenue’s Broadening of Tax Base (BTB) has frozen the bank accounts of around 100 millionaires for tax evasion. The suspects are living in the posh areas of Lahore.

Sources told Customs Today that the BTB zone has started a crackdown against those who own luxury vehicles and houses, and make huge bank transactions but do not paying taxes. The FBR gets information through tracker system.

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Commissioner Nasir Khan Ghauri supervised the whole operation of freezing bank accounts. Most of the individuals whose account holders live in Defence, Gullburg, Model Town, Johar Town and other posh areas of the city.

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