The Federal Board of Revenue (FBR) has frozen all the bank accounts of singer Aima Baig over charges of tax evasion.
FBR attempted to recover money from the accounts of a singer but she had already withdrawn all the money. As per reports, she had withdrawn Rs.25million from her bank account before FBR could take any action.
FBR is now mulling over to seize her vehicles. As per the details, she is a tax defaulter who has not paid her taxes in the month of 2018, 2019, and 2020. FBR had served her notice on January 14th.
Aima Baig is a famous singer from Pakistan and has been bagging lucrative deals these days. She has sung the anthem of PSL 2022 alongside Atif Aslam and will be performing with him in a live opening ceremony of PSL.
— Trends Pakistan (@TrendsPaak) January 15, 2022
The song has been produced and composed by Abdullah Siddiqui. In the past seven years, Aima Baig has recorded several top charts and has won local and international awards.
She had led the official anthem of PSL 6 for the first time last year. The action against Aima Baig came after FBR initiated an investigation against the Pakistani celebrities who have evaded tax.
In December 2021, the Federal Bureau of Revenue (FBR) won its first-ever case of conviction for the offense of money laundering based on tax evasion. To clarify, the accused involved did not pay taxes that matched his vast income.
The Directorate General I & I-IR received financial intelligence regarding a suspect’s cash and bank transactions. As per details, the business profile of the suspect, Mr. Habibullah proprietor of M/s Rai Trading Company, did not match his financial transactions.
As a result, the Directorate General I & I-IR carried out an investigation. The initial investigation revealed that the accused had six other bank accounts with huge transactions. Total income in all the accounts amounted to a whopping Rs 2090 million. However, the accused paid taxes for only Rs 192,877, and that too for the year 2015.