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FBR Widens Tax Crackdown on Jewellers, Plans Expansion to KP and Sindh

On-ground surveys alongside a raid on a major Islamabad real estate firm signal a data-led push to match visible wealth with declared income.

Overview

  • Tax notices have been served to jewellers in Rawalpindi, Islamabad, Faisalabad and Multan, with officials seeking records from unregistered and under-reporting businesses.
  • FBR data now covers roughly 60,000 jewellers nationwide, of whom about 21,000 are registered and 10,524 have filed returns, according to recent reports.
  • The tax body has deployed 450 Inland Revenue Service inspectors to conduct field verification of declarations and business activity.
  • Officials say they seized records from a major Islamabad real estate firm during a raid that faced resistance, with the files to be used for tax assessment.
  • Sources report the campaign is set to extend to Khyber Pakhtunkhwa and Sindh, and a list of 900 jewellers in Punjab has been prepared for action in the initial phase.