FBR Chairman Shabbar Zaidi confirmed to The Express Tribune that a PML-N lawmaker’s properties were provisionally attached by the FBR. Before launching the crackdown, the government had offered tax amnesty scheme to the people at very low rate of 1.5% to 4%. The last tax amnesty scheme had been availed by 83,000 people who paid Rs124 billion in taxes. On back of tax amnesty scheme, the total income tax return filers have crossed 2 million – for the first time. The FBR took action against Benamidars in Karachi and Islamabad a day before the expiry of the tax amnesty scheme.

Source: The Express Tribune July 04, 2019 04:04 UTC