Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

FBR detects tax evasion through Lifestyle Monitoring

byCT Report
20/10/2025
in Breaking News, Islamabad, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: The Federal Board of Revenue’s (FBR) Lifestyle Monitoring Cell has unearthed over 20 tax evasion cases involving hidden multimillion-rupee assets, luxury vehicles, and frequent foreign travel by individuals declaring minimal income, The News reported, citing official data.

Three major cases have already been confirmed. In one, a taxpayer from southern Punjab owned 19 luxury vehicles worth Rs624 million but declared only a single car valued at Rs1 million in 2020. In later years (2021–2023), the filer listed only a Toyota Yaris worth Rs3.075 million and reported no vehicle ownership in 2024.

You might also like

PBC chairman links sustainable growth to equal opportunities for women

04/09/2026

FATF report highlights Oman-based hawala network facilitating transfers to Pakistan

04/09/2026

Another case involves a politically connected individual from southern Punjab who concealed assets worth Rs180.5 million, including a Lexus LX 570 (Rs80m), BMW i7 (Rs80m), Toyota Fortuner Legender (Rs15m), and Suzuki Hayabusa (Rs5.5m). His tax returns, however, listed only two motorcycles valued at Rs31.28 million in total.

A third case centers on a travel vlogger who took multiple luxury foreign trips between 2020 and 2025 — to destinations such as Seychelles, the UAE, Spain, Turkey, and Switzerland — while declaring an annual income below Rs0.8 million.

FBR officials confirmed that the taxpayers’ declared incomes and assets were inconsistent with their lavish lifestyles, pointing to substantial underreporting and tax evasion.

Formal investigations have been launched, and legal proceedings will follow. The Lifestyle Monitoring Cell, operating under the Directorate of Intelligence and Investigation (Inland Revenue), was created to identify high-spending individuals — including those flaunting wealth on social media — who pay little or no tax.

Related Stories

PBC chairman links sustainable growth to equal opportunities for women

byCT Report
04/09/2026

KARACHI: Pakistan Business Council (PBC) Chairman Ziad Bashir has linked the country’s sustainable growth to women having equal opportunities and...

FATF report highlights Oman-based hawala network facilitating transfers to Pakistan

byCT Report
04/09/2026

LAHORE: An Oman-based hawala network used WhatsApp, mobile-linked transfers and e-wallets to facilitate unlicensed cross-border remittances to Pakistan, according to...

PAKISTAN-AFGHANISTAN-UNREST-BORDER

$2.5bn losses suffered due to closure of Pak-Afghan borders

byCT Report
04/09/2026

PESHAWAR: President of the Khyber Chamber of Commerce and Industry (KCCI), Yousaf Afridi, has said that the closure of the...

Cotton mills face daily losses of over Rs10m amid fumigation dispute

byCT Report
04/09/2026

ISLAMABAD: Pakistan’s cotton fumigation operations have effectively come to a halt following a clearance dispute involving imported Methyl Bromide, leaving...

Next Post

Special unit to be set up in Punjab Revenue Authority to boost tax collection

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.