14Jun
FBR has been empowered to Investigate the source of foreign remittances above Rs 5 million received in a year ||
Federal Board of Revenue (FBR) has been empowered to probe source of foreign remittances above Rs5 million received by a person in a year. According to Finance Bill 2019, an amendment has been proposed to Section 111(4) of Income Tax Ordinance, 2001 in this regard. At present the FBR cannot ask source to any amount
