{"id":48733,"date":"2019-02-06T12:03:16","date_gmt":"2019-02-06T07:03:16","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=48733"},"modified":"2019-02-06T12:03:16","modified_gmt":"2019-02-06T07:03:16","slug":"fbr-to-probe-property-tax-evasion-worth-pkr-2-bn","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-to-probe-property-tax-evasion-worth-pkr-2-bn.html","title":{"rendered":"FBR to probe property tax evasion worth PKR 2 bn"},"content":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) has completed its preliminary investigation into the alleged cases of tax evasion and fraud in the real estate sectors of Lahore, Karachi, and the federal capital \u2013 a news source reported.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/fbr-to-investigate-over-2000-wealthy-tax-evaders.html\">FBR to investigate over 2,000 wealthy tax evaders<\/a><\/p>\n<p>According to FBR\u2019s report, over 2,000 owners of commercial buildings in these three cities have evaded taxes worth PKR 2 billion. Similarly, the board has also identified individuals who have paid little to no tax on their held properties and assets.<\/p>\n<p>Moreover, the FBR has directed its regional offices in Islamabad, Karachi and Lahore to initiate an inquiry into the matter. The board also plans to expand the scope of its crackdown against tax evaders to other cities.<\/p>\n<p>Last week, Prime Minister (PM) Imran Khan presided over a <a href=\"https:\/\/www.zameen.com\/news\/important-meeting-held-on-fbr-reforms.html\">special meeting<\/a> with regard to reforming the federal institution. Khan emphasised on the need to restore public trust in the taxation system.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/fbr-proposes-provisional-assessment-to-recover-taxes.html\">FBR proposes provisional assessment to recover taxes<\/a><\/p>\n<p>Finance Minister Asad Umar, State Minister for Revenue Hammad Azhar, FBR Chairman Jahanzeb Khan, and other officials concerned, were all present at the occasion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) has completed its preliminary investigation into the alleged cases of tax evasion and fraud in the real estate sectors of Lahore, Karachi, and the federal capital \u2013 a news source reported. Read:\u00a0FBR to investigate over 2,000 wealthy tax evaders According to FBR\u2019s report, over 2,000 owners of commercial buildings in these three cities have evaded taxes worth PKR 2 billion. Similarly, the board has also identified individuals who have paid little to no tax on their held properties and assets. Moreover, the FBR has directed its regional offices in Islamabad, Karachi and Lahore to initiate an inquiry into the matter. The board also plans to expand the scope of its crackdown against tax evaders to other cities. Last week, Prime Minister (PM) Imran Khan presided over a special meeting with regard to reforming the federal institution. Khan emphasised on the need to restore public trust in the taxation system. Read:\u00a0FBR proposes provisional assessment to recover taxes Finance Minister Asad Umar, State Minister for Revenue Hammad Azhar, FBR Chairman Jahanzeb Khan, and other officials concerned, were all present at the occasion.<\/p>\n","protected":false},"author":67,"featured_media":26795,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[10311],"persona":[],"class_list":{"0":"post-48733","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-fbr-to-probe-property-tax-evasion-worth-pkr-2-bn"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FBR to probe property tax evasion worth PKR 2 bn - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Federal Board of Revenue (FBR) has completed its preliminary investigation into the alleged cases of tax evasion and fraud in the real\" \/>\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-to-probe-property-tax-evasion-worth-pkr-2-bn.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR to probe property tax evasion worth PKR 2 bn - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Federal Board of Revenue (FBR) has completed its preliminary investigation into the alleged cases of tax evasion and fraud in the real\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-to-probe-property-tax-evasion-worth-pkr-2-bn.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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