FBR freezes 4,000 bank accounts for arrears recovery

FBR freezes 4,000 bank accounts for arrears recovery

KARACHI: Federal Board of Revenue (FBR) has frozen around 4,000 bank accounts of tax defaulters in a major crackdown, according to media reports on Tuesday.

These bank accounts have been attached during last three months to recover outstanding amount from tax defaulters.

In the major action against tax defaulters the FBR recovered around Rs8.2 billion through various means provided under income tax laws.

Besides freezing bank accounts, the FBR also attached 78 immovable properties and 46 vehicles for the recovery.

Further, about nine people were arrested in this recovery drive. The arrests have been made each in Faisalabad and Peshawar. Further, warrants for arrest in two cases have been issued.

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