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

Pakistan passes ship recycling law to implement Hong Kong convention, boost Gadani industry

23/05/2026

Pakistan secures first-ever permanent seat in WCO Policy Commission

23/05/2026

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

Pakistan passes ship recycling law to implement Hong Kong convention, boost Gadani industry

byCT Report
23/05/2026

KARACHI: Pakistan has passed new maritime legislation aimed at implementing the Hong Kong International Convention for the Safe and Environmentally...

Pakistan secures first-ever permanent seat in WCO Policy Commission

byCT Report
23/05/2026

ISLAMABAD: Pakistan has secured permanent representation for the first time for a two-year term in the Policy Commission of the...

Govt cuts petrol price by Rs6, diesel Rs6.80 per litre

byCT Report
23/05/2026

ISLAMABAD: The federal government led by Prime Minister Shehbaz Sharif has announced a fresh reduction in fuel prices, offering short-term...

Customs Enforcement seizes smuggled goods worth Rs42m in Lahore raid

byCT Report
23/05/2026

LAHORE: The Collectorate of Customs Enforcement (CoC) Lahore conducted a major raid near Rehman Garden in the Saggian area of...

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.