Non-Filers’ Bank Accounts to Be Blocked by FBR from July 1

The Federal Board of Revenue (FBR) confirmed that non filers’ bank accounts will be frozen starting July 1, 2025, under new enforcement measures in the Finance Bill 2025–26. FBR Chairman Rashid Mahmood Langrial announced the move during a meeting of the National Assembly’s Standing Committee on Finance, chaired by Syed Naveed Qamar.

FBR will issue formal notices to individuals and businesses not registered for sales tax. If they fail to comply, their non filers bank account will be frozen. Accounts will reinstate within two days of successful registration.

The initiative targets entities that file income tax but remain unregistered for sales tax. According to FBR, several unregistered factories, particularly in Karachi, are conducting sales worth billions while avoiding tax registration. These include businesses operating with multiple industrial meters and shifting locations frequently.

Committee member Usman Ahmed Mela opposed the idea of sealing properties of non-registered entities. The FBR Chairman clarified that enforcement is limited to large-scale manufacturers and not affect small retailers or cottage industries.

Committee member Mirza Ikhtiar Baig suggested increasing the mandatory registration threshold from Rs 8 million to Rs 10 million. The FBR Chairman agreed to the proposal and confirmed the threshold adjustment, along with a six-month grace period without sales tax collection for new registrants.

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Rida Shahid is a content writer with expertise in publishing news articles with strong academic background in Political Science. She is imaginative, diligent, and well-versed in research techniques. Her essay displays her analytical style quite well. She is currently employed as English content writer at hamariweb.com.

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