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Chairman FBR asks banks to provide details of benami accounts

ISLAMABAD: Chairman Federal Board of Revenue (FBR) Shabbar Zaidi has asked banks to provide details of Benami accounts to initiate swift action, ARY News reported on Friday.

The directives were issued to the Chief Financial Officers (CFOs) of bank, who called on Mr Zaid at the FBR House to discuss provision of information of Benami accounts.

“Action will be taken against those accounts holder who fail in taking benefit from the tax amnesty scheme till June 1”, the Chairman FBR Shabbar Zaidi vowed.

It is learnt that the CFOs of banks assured the FBR Chairman their full cooperation regarding the Benami accounts as required by FBR.

Read more: Assets Declaration Scheme: FBR issues forms to declare assets

Yesterday, Prime Minister Imran Khan in a recorded video message addressing the nation had said “I am here to discuss a very critical matter with the people of Pakistan, only 1% of the population is filing taxes and bearing the weight of the other 99%.”

The premier said, if you do not pay your taxes then we can’t help rebuild the country, due to lack of tax collection,” said the PM.

Prime Minister Imran in the video assures the nation to guard their wealth and not relegate it to corruption and theft.

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