FBR massive crackdown on non-filers from Oct 1st to meet tax target

FBR massive crackdown on non-filers from Oct 1st to meet tax target

Federal Board of Revenue (FBR) has announced a decisive crackdown on non-filers, beginning October 1, as part of its efforts to achieve an annual tax target of approximately Rs12,970 billion.

Final tax notices will be issued to millions of non-filers as the FBR seeks to enhance compliance.

According to FBR sources, restrictions may be imposed on non-filers traveling abroad, and strategies are in place to disconnect mobile SIMs, electricity, and gas services for those who fail to meet their tax obligations. Taxpayers are required to submit their income tax returns for the financial year 2024 by September 30, or they will face double withholding tax rates.

The FBR plans to target ten major sectors in its crackdown, including retail, wholesale, transport, real estate, construction, health, and education. Officials have indicated that the FBR possesses comprehensive records of citizens’ transactions, enabling them to identify non-compliance effectively.

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