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Tuesday, 31 October 2017

FBR seize bank accounts of Rahat Fateh Ali Khan over alleged tax evasion

ISLAMABAD: The bank accounts of famed Pakistani singer Rahat Fateh Ali Khan were seized on Tuesday by the Federal Board of Revenue (FBR) over the evasion of taxes. According to FBR, non-payment of income tax worth more than Rs3 million in 2015 led the Federal Board of Revenue to seize the singer's available bank accounts in the country, recovering a sum worth 105,000 rupees from one of them. Meanwhile, efforts are underway to recover the remaining amount of due taxes. FBR claimed, it had imposed tax on Rahat after identifying a confidential transaction. The singer was obliged to pay income tax worth Rs 33,48000 for the year 2015, which he failed to comply with, and as a result, his bank accounts were seized to recover the due amount.

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