{"id":53824,"date":"2019-07-23T17:21:29","date_gmt":"2019-07-23T12:21:29","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=53824"},"modified":"2019-07-23T17:21:30","modified_gmt":"2019-07-23T12:21:30","slug":"banks-told-to-share-benami-accounts-data-within-15-days","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/banks-told-to-share-benami-accounts-data-within-15-days.html","title":{"rendered":"Banks told to share benami accounts data within 15 days"},"content":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) on Monday asked the banks to collect the details of benami accounts and share the information with the board within 15 days, a news source reported. FBR Chairman Shabbar Zaidi issued these directives in a statement.<\/p>\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/fbr-sends-notices-to-16000-benami-asset-holders-in-lahore.html\">FBR sends notices to 16,000 benami asset holders in Lahore<\/a><\/p>\n<p>In his letter addressed to the heads of the banks situated countrywide, Zaidi indicated that the federal institution would not undertake the task all by itself and required the assistance of these financial assistances on this front.<\/p>\n<p>He urged the officials concerned to collect the necessary details previously communicated under the Benami Transaction (Prohibition) Act 2017; adding that the FBR considered the information on benami accounts confidential.<\/p>\n<p>Under the said law, the federal institution is tasked with the responsibility of collecting the benami accounts details. \u2018If the banks and FBR work together, better results can be achieved,\u2019 read the letter.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/pm-orders-countrywide-crackdown-against-benami-asset-holders.html\">PM orders countrywide crackdown against benami asset holders<\/a><\/p>\n<p>At present, the board has initiated proceedings against those who didn\u2019t declare their properties under the <a href=\"https:\/\/www.zameen.com\/news\/over-110000-people-avail-the-amnesty-scheme.html\">Assets Declaration Scheme<\/a>, which expired on July 3.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) on Monday asked the banks to collect the details of benami accounts and share the information with the board within 15 days, a news source reported. FBR Chairman Shabbar Zaidi issued these directives in a statement. Read: FBR sends notices to 16,000 benami asset holders in Lahore In his letter addressed to the heads of the banks situated countrywide, Zaidi indicated that the federal institution would not undertake the task all by itself and required the assistance of these financial assistances on this front. He urged the officials concerned to collect the necessary details previously communicated under the Benami Transaction (Prohibition) Act 2017; adding that the FBR considered the information on benami accounts confidential. Under the said law, the federal institution is tasked with the responsibility of collecting the benami accounts details. \u2018If the banks and FBR work together, better results can be achieved,\u2019 read the letter. Read:\u00a0PM orders countrywide crackdown against benami asset holders At present, the board has initiated proceedings against those who didn\u2019t declare their properties under the Assets Declaration Scheme, which expired on July 3.<\/p>\n","protected":false},"author":18,"featured_media":25713,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[12347],"persona":[],"class_list":["post-53824","post","type-post","status-publish","format-standard","has-post-thumbnail","tag-banks-told-to-share-benami-accounts-data-within-15-days"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Banks told to share benami accounts data within 15 days - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Federal Board of Revenue (FBR) on Monday asked the banks to collect the details of benami accounts and share the information with the board\" \/>\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\/banks-told-to-share-benami-accounts-data-within-15-days.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banks told to share benami accounts data within 15 days - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Federal Board of Revenue (FBR) on Monday asked the banks to collect the details of benami accounts and share the information with the board\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/banks-told-to-share-benami-accounts-data-within-15-days.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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