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In a bold move to enforce tax compliance, the Federal Board of Revenue (FBR) has announced it will freeze the bank accounts of non-filers during the fiscal year 2025-26. FBR Chairman Rashid Mahmood Langrial shared this during a session of the National Assembly’s Standing Committee on Finance Formal Notices and Strict Action Langrial said formal …
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The federal government has unveiled strict non-filer restrictions in the Budget 2025–26 to expand the tax net and formalize the economy. Finance Minister Muhammad Aurangzeb announced sweeping changes aimed at discouraging tax evasion and enforcing compliance through limited financial access for non-filers. Ban on Property and Vehicle Purchases In a major policy shift, non-filers will …
Continue reading “Govt Targets Non-Filers With Strict Tax Measures in Budget 2025-26”
