According to sources cited by Netmag, the proposal to freeze the bank accounts of non-filers was initially included in the original Finance Bill 2024, but it was not passed. However, the government may now reconsider this measure for non-filers who fail to respond to notices. Under this proposal, non-filers would still be able to deposit money in their bank accounts but would be unable to withdraw funds until they appear on the Active Taxpayers List (ATL).
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If this proposal is incorporated into the amended Finance Bill 2024, the Federal Board of Revenue (FBR) will issue an income tax general order (ITGO) listing the names of non-filers, thereby blocking their bank accounts.
Additionally, the amended Finance Bill 2024 will introduce a fixed sales tax on the import of mobile phones, determined by the brands of the imported devices, replacing the existing 18 percent sales tax.
