FBR Action against ATM Card Holders || Data Collected From Banks ||
FBR has collected data of bank account holders and special instructions have been issued regarding the further actions against those bank accounts holders who have taxable transactions through their accounts but have not declared in their tax returns.
FBR has started the process for preparation of special procedures and rules for implementation of the said action against the non filers.
According to media reports FBR has taken data of about 50 Million bank account holders from the banks of pakistan.
According to news about 1.5 Million bank account holders have their National Tax Nos (NTNs) but have not submitted their tax returns.
About 3.1 Million bank account holders whose transactions are taxable and are liable to submit their tax returns but they are still non filer.
FBR has decided to block their ATM cards and have started strict legal actions against them. In response thereto rules and procedures have been started to prepare and finalise.
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