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Home Breaking News

FBR seizes Rahat Fateh Ali Khan’s bank accounts over tax evasion

byCT Report
01/11/2017
in Breaking News, Lahore, Latest News
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LAHORE: The Federal Board of Revenue (FBR) has seized bank accounts of famed Pakistani singer Rahat Fateh Ali Khan over alleged tax evasion.

According to FBR, non-payment of income tax worth more than Rs3 million in 2015 led the Federal Board of Revenue to seize the singer’s available bank accounts in the country. The FBR traced the bank accounts through various transactions made by the singer. The team attached the accounts including one at a known bank in DHA (Z block), recovering Rs105,000.

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Meanwhile, efforts are underway to recover the remaining amount of due taxes. FBR claimed, it had imposed tax on Rahat after identifying a confidential transaction. The singer was obliged to pay income tax worth Rs3,348,000 for the year 2015, which he failed to comply with, and as a result, his bank accounts were seized to recover the due amount.

The FBR had earlier recovered Rs160,000 from actress Noor’s bank account on the charges of tax evasion of Rs1.4 million for 2015. Similarly the FBR recovered a considerable amount of tax from the director of a fashion academy after it attached her bank account last week.

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