SIALKOT: The Federal Board of Revenue (FBR) has tightened noose around chronic tax defaulters for concealing the facts about their properties and assets while submitting their tax returns. As many as 200 big tax defaulters’ banks accounts would soon be freezed to recover the arrears.
According to the senior FBR officials, that FBR has also jazzed up the pace of ongoing recovering campaign against all the influential tax defaulters in Gujranwala Region.
They said these chronic defaulters were the millionaires and have not been depositing their taxes for the last several years.
The officials added that the FBR also approached the local banks for ensuring the freezing of the bank accounts of more 200 chronic defaulters.
The FBR senior officials added that, earlier, the FBR has withdrawn Rs 15 million from the banks accounts of 50 chronic tax evaders in Gujranwala Division and the ongoing drive against tax evaders would remain continued till the recovery of the arrears.