Islamabad: The Federal Board of Revenue (FBR) has prepared a list of 50,000 largest tax evaders of the country, according to a news report. These 50,000 evade taxes worth hundreds of billions and they have been warned to avail the amnesty scheme or face action.
Tax evaders have also been asked to declare all their hidden assets by July 1, 2018. This is the first time in the country’s history that FBR has collected a list of 50,000 tax evaders through data on properties and assets from other governmental institutions around the country.
No large-scale action will be taken until June 30 because of the amnesty scheme, but legal action will against these 50,000 tax evaders will be taken immediately after July 1.