Federal board of revenue Islamabad takes a new decision that Bank Account will be used by FBR staff only most necessary cases.
The access of bank account has not given to every staff of FBR only selected two FBR staff can use these services. So it is not a problem for bank account holders. There are total 35000 FBR staff butt authorize two persons only who can check the bank account on emergency needed. This law implement (income tax ordinance 2001 section 165 after add 165 A section) to all bank account holders with in Pakistan.
The bank account checking roles has not made yet, butt it is instruction that made it before 31-August-2013. This law will be used for tax purpose, because account holders of Pakistan made transactions of thousands of Rupees through bank, butt they do not pay the taxes to government of Pakistan through federal board of revenue.
Taxes must be deposited to FBR that Taxes has slipped of any countries economy. Now it is instructions to every bank that they sent the bank transaction whose bank transaction of more than 10 lacks per month or who’s Credit Card Bill more than 1, 00,000/- per month.
It is requested to all businessmen of Pakistan that be carful about this law and pay your taxes to government otherwise be ready for plenty from FBR government of Pakistan.