ISLAMABAD: The Federal Board of Revenue has tightened the noose around tax evaders and non-filers and issued 3000 notices and recovered Rs8.2 billion.
Sources told Customs Today that Federal Board of Revenue recovered Rs8.2 billion from the tax evaders in ongoing recovery drive and crackdown. Sources said that the FBR has intensified its operations against the tax evaders.
Sources said, FBR on March 26 arrested nine tax evaders from different cities. In addition, the department has attached 78 properties worth millions of rupees, besides confiscating 46 luxury vehicles. Moreover, the tax officials have attached 4,000 bank accounts of different persons.
It is pertinent to mention that the tax department was facing a revenue shortfall of Rs233 billion in the first eight months of the current fiscal year.
The prime minister, in recent meetings, gave a go-ahead to the department, ordering it to intensify the operation against the influential tax defaulters, including people from media, showbiz and real estate. Sources said that under the ongoing drive, the department has sent more than 3,000 notices, hoping to recover a big amount from them.