July 17, 2021
ISLAMABAD: In order to comply with Financial Action Task Force (FATF) conditions, the Federal Board of Revenue (FBR) has filed 71 complaints under Anti Money Laundering (AML) Act 2010 in fiscal year 2020-21 where more than Rs 62 billion were involved.
The FBR’s Directorate General Intelligence & Investigation of Inland Revenue filed 71 complaints under AML Act, 2010 where more than Rs. 62 billion were involved. The Directorate General seized 8,754 cartons containing 87,540,000 cigarette sticks during the period of July 2020 to June 2021.
The FBR’s efforts for broadening of tax base are experiencing apace as number of income tax returns filers have reached 3.01 million till end June 30, 2021 compared to 2.67 million last fiscal year 2019-20, registering an increase of 12.5 percent.