Another attempt by FBR to take action against un-registered rich people including non-filers and nil-filers, targeting high net-worth individuals.
In the first phase, the FBR will issue notices to 5,000 non-filers, with an estimated tax liability of Rs7 billion.
These individuals reportedly own at least three cars, earn Rs100 million in bank account profits, pay over Rs200,000 monthly on credit card bills, and send their children to private schools.
The estimated combined networth of these 5,000 individuals is Rs26 billion to Rs27 billion, with an expected Rs7 billion in revenue.
Another attempt by FBR to take action against Non Filer or Nil Filer
