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

Govt to bar non-tax payers from opening bank accounts

byCT Report
18/12/2024
in Breaking News, Islamabad, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: The government has announced plans to tighten the noose around non-tax payers, with a new amendment bill presented in the National Assembly.

According to the proposed amendment, non-tax payers will be barred from opening bank accounts, purchasing vehicles above 800cc, and buying property above a certain limit.

You might also like

President summons NA, Senate budget sessions on June 5

30/05/2026

Customs launches nationwide crackdown on smuggling, seizes tyres, fuel, betel nuts and NCP vehicles

30/05/2026

Additionally, non-tax payers will not be allowed to make transactions above a certain threshold, and their bank accounts will be frozen if they fail to register for sales tax within two days.

The Federal Board of Revenue (FBR) will also have the authority to freeze the accounts of individuals who fail to comply with tax regulations.

Moreover, non-filer will be allowed to buy Rickshaw, motorcycle and tractor whereas parents, children upto 25-year-old, wife of a filer will also be considered filers.

Earlier, Federal Minister for Finance, Muhammad Aurangzeb on Sunday said the number of new filers has increased in Pakistan in FY2024.

Addressing concerns about tax collection, Aurangzeb stated that the number of tax filers has doubled compared to last year, reaching 3.2 million from 1.6 million.

He further announced that 723,000 new filers joined the tax net this year, adding that non-filers will be restricted from purchasing vehicles and property.

However, the FBR officers held tax administration and policies responsible for the shortfall in the tax collection target.

In a statement, the Inland Revenue Service Officers Association (IRSOA) rejected the impression of officers lacking in collecting tax.

The Inland Revenue Service Officers Association also criticised the FBR’s transformation plan and termed it a mere show piece that has caused discontent among tax officials.

The statement said that 80% of junior field tax officers have the lowest salaries and many lack access to transport, fuel, and residential facilities.

Related Stories

President summons NA, Senate budget sessions on June 5

byCT Report
30/05/2026

ISLAMABAD: President Asif Ali Zardari has summoned sessions of the National Assembly and Senate on June 5, with both houses...

Customs launches nationwide crackdown on smuggling, seizes tyres, fuel, betel nuts and NCP vehicles

byCT Report
30/05/2026

LAHORE: Customs authorities have intensified a nationwide enforcement campaign against smuggled goods, non-duty-paid vehicles, petroleum products and other contraband items...

FBR tightens registration rules for international NGOs operating in Pakistan

byCT Report
30/05/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has amended the Income Tax Rules, 2002, introducing stricter registration requirements for international...

MTO Karachi exceeds May tax collection target by Rs2b

byCT Report
30/05/2026

KARACHI: The Medium Taxpayers’ Office (MTO) Karachi has surpassed its tax collection target for May 2026, collecting Rs27 billion against...

Next Post

FDI in Pakistan rises to $219m in November 2024: SBP

  • 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.