ISLAMABAD: Federal Board of Revenue (FBR) has decided to expand operations against Benami assets / properties in four major cities of the country, sources said on Wednesday. In this regard, the FBR has established Anti-Benami Zones at Peshawar, Faisalabad, Multan and Hyderabad. These zones will be functional under the Directorate General of Anti-Benami Initiative, Islamabad, […]

ISLAMABAD: Anti-Benami Zones established by the Federal Board of Revenue (FBR) has confirmed detection of benami assets worth Rs7.4 billion. These benami assets were investigated by anti-benami zones at Karachi, Islamabad and Lahore. These zones filed 27 references before the adjudicating authority, which confirmed the involvement of benami assets worth Rs7.4 billion, a press release […]

ISLAMABAD: Federal Board of Revenue (FBR) has unearthed benami properties amounting Rs8 billion of politically exposed persons (PEP), according to data made available on Monday. The anti-benami zones of the FBR have attached 6 immovable properties and finalized 10 cases against PEP. The FBR summoned 140 politically exposed persons to explain the source of income […]

ISLAMABAD: Federal Board of Revenue (FBR) on Friday said that it has attached Benami properties worth Rs4 billion in 15 cases. “Properties having worth Rs. 4 billion including bank accounts, shares and land in 15 cases have already been attached.” The FBR said that one out of the above mentioned 15 cases, involving 7,128 Kanals […]

ISLAMABAD: In order to speed up action against Benami properties an important meeting is scheduled for July 12 (Friday) at Headquarter of Federal Board of Revenue (FBR). The meeting will presided over by Syed Shabbar Zaidi, Chairman, FBR and all the relevant officers of Benami Zones will attend the meeting. An office order circulated to […]