ISLAMABAD – The Federal Board of Revenue (FBR) has flagged non-filers who make large purchases on credit cards. The tax authority says such individuals “could face legal action.” The warning comes amid efforts to tighten revenue collection.
Officials say FBR has begun gathering detailed credit card transaction data from banks across Pakistan. This move aims to uncover the true incomes of people who do not file tax returns. Non-Filers spending big on Credit Cards could face legal action, FBR warns as authorities seek to link spending and declared income.
Going forward, any filer will need to report all credit card purchases in their tax returns. This will help FBR cross-check spending against declared earnings. Those who fail to do so may be served notices. Non-Filers spending big on Credit Cards could face legal action, FBR warns is the clear message from the revenue body.
The FBR has set October 15 as the final date for submitting correct returns. Officials say they will not grant further extensions. SMS alerts are already being sent to defaulters. Those who persist in ignoring the rules may face audits or legal steps.
FBR sources say that high credit card usage by non-filers suggests a mismatch between lifestyle and declared income. Banks now share transaction details to help FBR build financial profiles. This effort is part of a wider campaign to discourage tax evasion.
Authorities will especially target people who make large online payments or luxury purchases without filing taxes. The tax body says that spending habits will now become key in assessing someone’s financial capacity. FBR stresses that every bank transaction must be honestly declared.
Critics say this approach may pressure those in informal sectors. Still, supporters argue it promotes fairness in the tax system. FBR maintains that no citizen should live beyond their declared means without accountability.
In summary, Non-Filers spending big on Credit Cards could face legal action, FBR warns is a stern notice to many. The tax authority is using credit card data to identify discrepancies between income and spending. Non-filers now risk penalties, audits, or legal action if they continue high card usage without declaring it.
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