ISLAMABAD: Sources revealed that the Federal Board of Revenue (FBR) has decided to take action against users who flaunt their wealth on social media.
According to details, the FBR has collected data of about 100,000 rich people. Sources said that non-filers who spend lavishly on weddings will also face scrutiny. The authority has collected information about those who display their luxury lifestyle online, including mansions, expensive cars, jewelry and other assets.
Sources revealed that people wearing suits worth up to $20,000 at weddings will also come under the tax net. The FBR will ask such people to declare their sources of income.
Moreover, the tax authority will compare the income tax returns filed last year with the income tax returns filed this year. Sources added that action will be initiated against such people if the tax declarations do not reflect the increase in expenditure and wealth as per the display of wealth.
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