FBR Issues Clarification on Access to Banking Transaction

The Federal Board of Revenue (FBR) has issued a clarification on the messages circulating in emails and social media regarding access to FBR on banking transactions. ALSO READ FBR Orders Completion Of Legal Proceedings Against Taxpayers with Show Cause Notices FBR has clarified that there is no linkage or access to banking transactions at any level with the banks or financial institutions. Similarly, there is no fingerprint authentication mechanism available with FBR. The tax profile data of FBR has only offline bank account numbers which are not linked with banks or financial institutions. ALSO READ FBR Fixes New Ex-Mill Price of Sugar Therefore, there is absolutely no risk of any access to transaction banking at any level. FBR has termed Messages being circulated in emails and social media as fake and baseless.