FBR launches nationwide drive to recover unpaid taxes

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The Federal Board of Revenue (FBR) has initiated a campaign to collect unpaid taxes from defaulters in major cities across the nation. This decision, made at the highest level, aims to recover outstanding dues from these individuals or entities who have not fulfilled their tax obligations.

To facilitate this effort, the FBR has compiled a list of approximately 11,000 tax defaulters and shared their information with relevant tax jurisdictions and field offices. The intention is to start legal proceedings to recover the owed taxes, adhering to applicable laws.

Among the defaulters located in cities like Karachi, Lahore, Faisalabad, Rawalpindi, and Multan, there are various categories of taxpayers, including industrial unit owners, factory/mill owners, wholesalers, property dealers, and traders.

The revenue board is committed to following all legal protocols before resorting to more severe measures, such as arresting tax defaulters. Adequate opportunities will be given for individuals to respond to the notices issued to them.

Moreover, FBR has already initiated actions against affluent individuals who failed to pay the Capital Value Tax (CVT) on their foreign assets held abroad, totaling Rs. 3 billion. For those who did not respond to multiple notices, the FBR has taken coercive measures, resulting in orders against 200 such individuals.