fbpx

FBR issues show cause notice to Muhammad Hafeez

By Syeda Nadira Mushtaque – Reporter

07th November, 2019

The Federal Board of Revenue (FBR) has issued a showcase notice to former captain and national team cricketer Muhammad Hafeez for hiding assets.

According to the details, a show cause notice has been issued against Hafeez for hiding assets, the cricketer was being audited for the past five years.

FBR is conducting his audit from 2014 to 2018 and details of Hafeez were sought from all banks.

According to sources, Mohammad Hafeez did not disclose assets worth about Rs 170 million to FBR.

However, he has denied the reports saying that he is a regular taxpayer and has not received any notice from the FBR.

Earlier, Prime Minister Imran Khan approved an ambitious tax reforms plan that includes launching of nationwide tax assessment and documentation drive along with survey of immovable properties across the country.

The proposed planned nationwide tax assessment and documentation drive will be done in a period of two years.

It has been decided that the said plan would be implemented under the given time frame without any delay.

Arhama Altaf

Web Editor, BOL News conributed to the story

Leave a Reply

Your email address will not be published. Required fields are marked *


You May Also Like

Trump Erdogan meeting International
14th Nov, 2019

$100 Billion trade agreements can be signed with Turkey, Trump

Turkey’s President Tayyip Erdogan has reached the U.S. for his official visit....

arsalan anwar Sports
14th Nov, 2019

Young Sindh Police Officer became the world’s fastest shooter

According to the details, Arsalan Anwar won the title of the world’s...

bus accident International
14th Nov, 2019

13 Died due to collision between bus and truck in Slovakia

At least 13 people have died and 17 have gotten injured due...

The Saudi Royal Naval Forces will organize the Saudi International Maritime Forum International
14th Nov, 2019

Saudi Royal Naval to organize International Maritime Forum

The Saudi Royal Naval Forces will organize the Saudi International Maritime Forum...