According to sources, the proposal to freeze the bank accounts of non-filers was originally included in the Finance Bill 2024, but it was not passed. Now, the government may consider blocking the bank accounts of non-filers who do not respond to notices until they appear on the Active Taxpayers List (ATL).

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The Pakistani government is getting stricter on tax compliance with the  Amended Finance Bill 2024. This bill proposes important  Government Action on Non-Filers, including:

• Blocking Bank Accounts: If passed, the bill could authorize the Federal Board of Revenue (FBR) to freeze the bank accounts of individuals who haven’t filed tax returns (Non-Filers’ Bank Accounts). While deposits might still be allowed, withdrawals would be restricted until the non-filer files appear on the Active Taxpayers List (ATL).

• Fixed Sales Tax on Mobile Phones: The current 18% sales tax on imported mobile phones could be replaced with a fixed amount depending on the brand. This aims to simplify the tax structure for mobile phone imports.

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These measures aim to incentivize individuals to fulfill their tax obligations and increase tax revenue. Stay tuned for official confirmation on the final provisions of the Amended Finance Bill 2024.

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