{"id":74542,"date":"2021-03-01T17:52:37","date_gmt":"2021-03-01T12:52:37","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=74542"},"modified":"2021-03-01T17:52:42","modified_gmt":"2021-03-01T12:52:42","slug":"fbr-to-launch-crackdown-on-commercial-property-owners","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-to-launch-crackdown-on-commercial-property-owners.html","title":{"rendered":"FBR to launch crackdown on non-taxpaying commercial property owners"},"content":{"rendered":"\n<p>Islamabad: The Federal Board of Revenue (FBR) has announced its decision to collect records of all non-taxpaying commercial property owners in Lahore in a bid to broaden the tax base, according to a news report published on February 26.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/fbr-issues-notices-property-agents-register-report-suspicious-transactions.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR asks property agents to register themselves, report suspicious transactions<\/a><\/p>\n\n\n\n<p>The<a href=\"https:\/\/www.zameen.com\/news\/tax-payments-exceeding-pkr-1mn-paid-online-fbr.html\" target=\"_blank\" rel=\"noreferrer noopener\"> taxation agency<\/a> aims to document those property owners who generate millions in rental income but do not file their returns. The involved parties will face legal consequences. The board is also reaching out to the Punjab Excise &amp; Taxation and the Lahore Development Authority (LDA) to uncover the details of commercial property owners concerned in Lahore.<\/p>\n\n\n\n<p><strong>Read:<\/strong><a href=\"https:\/\/www.zameen.com\/news\/fbr-surpasses-7-month-revenue-collection-target.html\"> <\/a><a href=\"https:\/\/www.zameen.com\/news\/fbr-surpasses-7-month-revenue-collection-target.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR surpasses 7-month revenue collection target<\/a><\/p>\n\n\n\n<p>In a related development, FBR has exceeded its revenue collection target in the first eight months of fiscal year (2020-21) by generating PKR 2,916 billion in terms of revenue against the target of PKR 2,898 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) has announced its decision to collect records of all non-taxpaying commercial property owners in Lahore in a bid to broaden the tax base, according to a news report published on February 26. Read: FBR asks property agents to register themselves, report suspicious transactions The taxation agency aims to document those property owners who generate millions in rental income but do not file their returns. The involved parties will face legal consequences. The board is also reaching out to the Punjab Excise &amp; Taxation and the Lahore Development Authority (LDA) to uncover the details of commercial property owners concerned in Lahore. Read: FBR surpasses 7-month revenue collection target In a related development, FBR has exceeded its revenue collection target in the first eight months of fiscal year (2020-21) by generating PKR 2,916 billion in terms of revenue against the target of PKR 2,898 billion.<\/p>\n","protected":false},"author":75,"featured_media":61403,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015,15017],"tags":[45368,19230],"persona":[],"class_list":{"0":"post-74542","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"category-notices-announcements","9":"tag-fbr-to-launch-crackdown-on-non-taxpaying-commercial-property-owners","10":"tag-federal-board-of-revenue-fbr","11":"cat-15015-id","12":"cat-15017-id"},"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 launch crackdown on commercial property owners - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Federal Board of Revenue (FBR) has announced its decision to collect records of all non-taxpaying commercial property owners in Lahore in a\" \/>\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-launch-crackdown-on-commercial-property-owners.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR to launch crackdown on commercial property owners - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Federal Board of Revenue (FBR) has announced its decision to collect records of all non-taxpaying commercial property owners in Lahore in a\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-to-launch-crackdown-on-commercial-property-owners.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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