Business

FBR to crack down on social media users flaunting luxury lifestyles – SUCH TV

Published

on



The Federal Board of Revenue (FBR) is gearing up for a sweeping crackdown against tax evaders flaunting their lavish lifestyles online.

Insiders revealed that FBR’s dedicated Social Media Monitoring Team has compiled detailed profiles of individuals showcasing luxury cars, designer brands, foreign trips, and extravagant events yet failing to submit income tax returns.

Authorities said some offenders are even seen posting videos of throwing cash at weddings, concerts, and parties, raising red flags.

The operation will also zero in on those highlighting stays at luxury hotels, fine dining, and overseas vacations, all without matching financial disclosures.

Officials confirmed that NADRA has been instrumental in verifying identities and cross-checking the undeclared wealth of these individuals.

FBR has compiled comprehensive data on their expenditures, including credit card and ATM transactions, as well as travel histories.

Sources confirmed that a final list of such individuals has been prepared, and the enforcement drive is scheduled to begin on October 1.

FBR has issued a final warning, stating that September 30 is the last date to file income tax returns. No deadline extension will be granted.

Those who continue to display wealth online without fulfilling their tax obligations will be issued notices and may face strict legal action.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

Exit mobile version