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Home Latest News

FBR recovers Rs 10m after freezing bank accounts of defaulters

byZafar Malik
22/10/2015
in Latest News, National
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SIALKOT: The special recovery teams of the Federal Board of Revenue (FBR) have frozen the bank accounts of 55 more big defaulters and have drawn Rs 10 million from their accounts to recover pending arrears.

According to the senior FBR officials, the FBR has also imposed a ban on the sale, purchase and transfer of 25 commercial plots and 35 luxury vehicles due to non-payment of fees and taxes by their owners in Gujranwala region.

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The officials added that this quick response action has been taken on the directives of the FBR (HQs) Islamabad, which has also issued the directives to the Regional Tax Directorate Gujranwala to bring all those people under the tax net who purchase, sell or transfer big residential and commercial plots in all the private housing schemes besides purchasing, selling and transferring luxury vehicles.

A special check will also be kept on the income of the taxpayers as well as to make sure that they have mentioned their properties in the annual tax returns submitted to the FBR. If one is purchasing any plot or vehicle without paying the relevant tax then one should also be brought under the tax net besides recovering the taxes of the purchased vehicles and the plots from them.

In the light of the special directives issued by the FBR, a special recovery cell has also been established at regional tax directorate Gujranwala to facilitate the local taxpayers at local level.

Meanwhile, the special recovery teams of the FBR tightened their circles around the tax evaders and tax defaulters and the teams have started impounding the vehicles of the non tax payers for not depositing token tax fees and other taxes.

FBR jazzed up the pace of its outgoing crackdown and recovery campaign against the defaulters in Gujranwala Division.

Senior FBR officials said that the FBR has given a special task to the regional tax directorates Sialkot and Gujranwala to make all out sincere efforts to bring as many as 7000 people under the tax net in this region.

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