Sunday, January 24, 2021

FBR hints 50,000 foreign bank accounts owned by Pakistanis

Featured

Who is Joe Biden? – Learn more about the United States 46th President

Who is Joe Biden? The new American president was Barack Obama's deputy for eight years and a senator for...

Macron welcomes US back to the climate agreement

French President Emmanuel Macron tweeted on his Twitter account, directing the tweet to President Joe Biden and Vice President...

Nancy Pelosi: “We are ready to work under the slogan of a united America”

US House of Representatives Speaker Nancy Pelosi said, "We are ready to work under the slogan of a united...
Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]
Top revenue department Federal Board of Revenue (FBR) of Pakistan unearthed around Fifty thousand foreign bank accounts of Pakistanis across the world, well informed sources disclosed.

The Federal Board of Revenue (FBR) has now decided to launch a crackdown against tax defaulters as data of 50,000 bank accounts being operated by the Pakistanis.

- Advertisement -

 

According to the well-informed sources, the FBR has initiated first phase of crackdown against the tax defaulters and hoped that more details in this regard to be received soon.

The accounts traced so far were operated in Germany, France, Spain, Italy and other countries, sources unveiled.

 

Furthermore, the FBR has hinted more than 800 properties of Pakistani citizens in Dubai worth Rs 38 billion.

- Advertisement -

 

The sources within FBR further added that, according to law, the information of the account holders will be kept confidential.

 

It is pertinent to mention that the recommendations of Financial Action Task Force (FATF), Pakistan has taken serious measures to implement AML and terror financing laws, since new government came in power.

- Advertisement -
Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]
- Advertisement -

Latest News

Who is Joe Biden? – Learn more about the United States 46th President

Who is Joe Biden? The new American president was Barack Obama's deputy for eight years and a senator for...

Macron welcomes US back to the climate agreement

French President Emmanuel Macron tweeted on his Twitter account, directing the tweet to President Joe Biden and Vice President Kamala Harris to welcome the...

Nancy Pelosi: “We are ready to work under the slogan of a united America”

US House of Representatives Speaker Nancy Pelosi said, "We are ready to work under the slogan of a united America". US President Joe Biden has...

Trump using presidential pardon to save potential allies

The renowned newspaper, USA Today, saw that President Donald Trump is using his power to save allies from legal risks, considering that he is...

Biden’s inauguration ceremony: Security on high alert in the American capital

The American capital has been in a state of security alert and tightening precautionary measures, with the approaching hour of the officially elected president...

Related News