{"id":105911,"date":"2026-06-29T15:28:12","date_gmt":"2026-06-29T10:28:12","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=105911"},"modified":"2026-06-29T15:49:51","modified_gmt":"2026-06-29T10:49:51","slug":"fbr-cannot-recover-taxes-from-bank-accounts","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-cannot-recover-taxes-from-bank-accounts.html","title":{"rendered":"FBR denies holding powers to recover taxes from bank accounts"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Islamabad: The Federal Board of Revenue (FBR) has dismissed claims circulating on social media that the Finance Act 2026 grants tax officials new powers to recover taxes directly from taxpayers&#8217; bank accounts without their knowledge.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Senior FBR officials said the Finance Act 2026 introduced no amendments to the existing legal framework governing tax recovery from bank accounts. They clarified that such powers have been part of Pakistan&#8217;s tax laws for nearly 50 years and are not a new provision.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Read: <a href=\"https:\/\/www.zameen.com\/news\/na-panel-rejects-fbr-bank-access-plan.html\" target=\"_blank\" rel=\"noreferrer noopener\">NA body rejects plan to expand FBR oversight of bank accounts<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the officials, recovery from a taxpayer&#8217;s bank account is carried out only after a prescribed legal process. Under Section 137(2) of the Income Tax Ordinance, 2001, the FBR must first issue a demand notice, after which the taxpayer is given 30 days to respond.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Officials added that any recovery from bank accounts is governed by Section 140 of the Income Tax Ordinance, 2001, and requires multiple procedural steps and high-level approvals within the FBR. They stressed that the process is neither automatic nor as straightforward as portrayed in social media posts.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The clarification comes after several social media posts and videos falsely claimed that the Finance Act 2026 had empowered the FBR to withdraw funds directly from taxpayers&#8217; bank accounts without prior notice.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) has dismissed claims circulating on social media that the Finance Act 2026 grants tax officials new powers to recover taxes directly from taxpayers&#8217; bank accounts without their knowledge. Senior FBR officials said the Finance Act 2026 introduced no amendments to the existing legal framework governing tax recovery from bank accounts. They clarified that such powers have been part of Pakistan&#8217;s tax laws for nearly 50 years and are not a new provision. Read: NA body rejects plan to expand FBR oversight of bank accounts According to the officials, recovery from a taxpayer&#8217;s bank account is carried out only after a prescribed legal process. Under Section 137(2) of the Income Tax Ordinance, 2001, the FBR must first issue a demand notice, after which the taxpayer is given 30 days to respond. Officials added that any recovery from bank accounts is governed by Section 140 of the Income Tax Ordinance, 2001, and requires multiple procedural steps and high-level approvals within the FBR. They stressed that the process is neither automatic nor as straightforward as portrayed in social media posts. The clarification comes after several social media posts and videos falsely claimed that the Finance Act&hellip;<\/p>\n","protected":false},"author":18,"featured_media":105551,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[74317,2232,3362,3193,4547,71478,62268,59776,74429,58313,71341,74430,74432,74431,31455,62209,74433,58211,2032,59511],"persona":[],"class_list":["post-105911","post","type-post","status-publish","format-standard","has-post-thumbnail","category-legal-taxation","tag-bank-accounts","tag-economy","tag-fbr","tag-federal-board-of-revenue","tag-finance","tag-finance-act-2026","tag-government-policy","tag-income-tax-ordinance-2001","tag-misinformation","tag-pakistan-news","tag-pakistan-taxes","tag-section-137","tag-section-140","tag-social-media-rumours","tag-tax-compliance","tag-tax-laws","tag-tax-notices","tag-tax-recovery","tag-taxation-2","tag-taxpayers","cat-15015-id"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>&#039;FBR cannot recover taxes from bank accounts&#039; - Zameen News<\/title>\n<meta name=\"description\" content=\"According to the officials, recovery from a taxpayer&#039;s bank account is carried out only after a prescribed legal process....\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/fbr-cannot-recover-taxes-from-bank-accounts.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"&#039;FBR cannot recover taxes from bank accounts&#039; - Zameen News\" \/>\n<meta property=\"og:description\" content=\"According to the officials, recovery from a taxpayer&#039;s bank account is carried out only after a prescribed legal process....\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-cannot-recover-taxes-from-bank-accounts.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-29T10:28:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-29T10:49:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2026\/05\/FBR_1170x400-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Samra Zulfiqar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Samra Zulfiqar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"'FBR cannot recover taxes from bank accounts' - Zameen News","description":"According to the officials, recovery from a taxpayer's bank account is carried out only after a prescribed legal process....","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/fbr-cannot-recover-taxes-from-bank-accounts.html","og_locale":"en_US","og_type":"article","og_title":"'FBR cannot recover taxes from bank accounts' - Zameen News","og_description":"According to the officials, recovery from a taxpayer's bank account is carried out only after a prescribed legal process....","og_url":"https:\/\/www.zameen.com\/news\/fbr-cannot-recover-taxes-from-bank-accounts.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2026-06-29T10:28:12+00:00","article_modified_time":"2026-06-29T10:49:51+00:00","og_image":[{"width":1170,"height":400,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2026\/05\/FBR_1170x400-1.jpg","type":"image\/jpeg"}],"author":"Samra Zulfiqar","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Samra Zulfiqar","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/fbr-cannot-recover-taxes-from-bank-accounts.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/fbr-cannot-recover-taxes-from-bank-accounts.html"},"author":{"name":"Samra Zulfiqar","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/a3a8cc23079c627774ff19f42da24f1d"},"headline":"FBR denies holding powers to recover taxes from bank accounts","datePublished":"2026-06-29T10:28:12+00:00","dateModified":"2026-06-29T10:49:51+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/fbr-cannot-recover-taxes-from-bank-accounts.html"},"wordCount":219,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/fbr-cannot-recover-taxes-from-bank-accounts.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2026\/05\/FBR_1170x400-1.jpg","keywords":["bank accounts","economy","FBR","Federal Board of Revenue","finance","Finance Act 2026","government policy","Income Tax Ordinance 2001","misinformation","pakistan news","Pakistan taxes","Section 137","Section 140","social media rumours","tax compliance","tax laws","tax notices","tax recovery","taxation","taxpayers"],"articleSection":["Legal &amp; Taxation"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/fbr-cannot-recover-taxes-from-bank-accounts.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/fbr-cannot-recover-taxes-from-bank-accounts.html","url":"https:\/\/www.zameen.com\/news\/fbr-cannot-recover-taxes-from-bank-accounts.html","name":"'FBR cannot recover taxes from bank accounts' - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/fbr-cannot-recover-taxes-from-bank-accounts.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/fbr-cannot-recover-taxes-from-bank-accounts.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2026\/05\/FBR_1170x400-1.jpg","datePublished":"2026-06-29T10:28:12+00:00","dateModified":"2026-06-29T10:49:51+00:00","description":"According to the officials, recovery from a taxpayer's bank account is carried out only after a prescribed legal process....","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/fbr-cannot-recover-taxes-from-bank-accounts.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/fbr-cannot-recover-taxes-from-bank-accounts.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/fbr-cannot-recover-taxes-from-bank-accounts.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2026\/05\/FBR_1170x400-1.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2026\/05\/FBR_1170x400-1.jpg","width":1170,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/fbr-cannot-recover-taxes-from-bank-accounts.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"FBR denies holding powers to recover taxes from bank accounts"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/a3a8cc23079c627774ff19f42da24f1d","name":"Samra Zulfiqar","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/Samra-96x96.jpg","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/Samra-96x96.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/Samra-96x96.jpg","caption":"Samra Zulfiqar"},"description":"Samra Zulfiqar, a real estate analyst at Zameen.com, is passionate about finding projects that offer buyers the best returns. Her keen insights spotlight the market\u2019s most promising opportunities.","url":"https:\/\/www.zameen.com\/news\/author\/samra"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/105911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=105911"}],"version-history":[{"count":2,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/105911\/revisions"}],"predecessor-version":[{"id":105917,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/105911\/revisions\/105917"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/105551"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=105911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=105911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=105911"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=105911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}