Benami properties with known sources not to attract penal action

KARACHI: A person having known source of income for a property and keeps in someone else name will not attract penal action under Benami Transaction laws, sources in Federal Board of Revenue... Read more »

FBR notifies adjudication benches for Benami cases

ISLAMABAD: Federal Board of Revenue (FBR) has notified benches for adjudication of Benami cases at three major cities in the country. Read more »

Benami property holder may get 7 years jail, pay 25pc as fine

ISLAMABAD: A person holding Benami property shall be liable to punishable offence with rigorous imprisonment up to seven years along with fine up to 25 percent of value of the property. According... Read more »