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Tag: bank accounts

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Immovable property cannot be purchased without bank account: FBR

July 7, 2019March 12, 2021Mrs. Anjum Shahnawaz

ISLAMABAD: Federal Board of Revenue (FBR) has barred purchase of immovable property by any persons making payment without banking channels. FBR sources told PkRevenue.com that in this regard amendment had been made to Income Tax Ordinance, 2001 in this regard. The sources said that amendment had been made to Income Tax Ordinance, 2001 which explained […]

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FBR freezes 4,000 bank accounts for arrears recovery

March 27, 2019April 19, 2021Faisal Shahnawaz

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 […]

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