Lahore: The Federal Board of Revenue (FBR) is making concerted efforts to expand the tax net to people who bought properties worth more than PKR 3 million, and cars worth more than PKR 2 million, a news source reported. Notices have been sent to people falling in the category from DHA, Gulberg, Model Town, and Cantonment.
FBR has given a 15-day deadline for the submission of property details to the people who have been sent notices. These are the people who bought properties between 2015 and 2017. 100 notices were issued this time. Action will be taken against people who do not submit the details of property and cars bought in the three years.
Previously, FBR had sent notices to another 300 people in these areas as well and they had been asked to submit the details of their properties and cars by 14th December, 2018.
