FBR to impose 15 new restrictions on non-filers

ISLAMABAD (92 News) - The Federal Board of Revenue (FBR) Wednesday decided to impose 15 new restrictions on non-filers. Initially, only five restrictions will be imposed on non-filers, official sources said. The non-filers will not be able to purchase vehicles and property, and they will not be allowed to travel abroad. The non-filers will not be able to open a current account in any bank in the country, and they will not be able to invest in mutual funds. Also Read: IHC stops PTA from blocking SIMs of tax non-filers until May 27 The government, in collaboration with the State Bank of Pakistan (SBP), will enhance monitoring of non-filers’ income, business dealings, and other suspicious transactions. For the purpose, the government will promulgate an ordinance after a nod from Prime Minister Shehbaz Sharif. It is worth mentioning here that the FBR collected Rs25 billion from non-filers during the previous fiscal year. The sources further said that the FBR would expand manpower and automation at different entry points in the country to curb smuggling.