1,000 Benami assets found during crackdown across the capital

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  • In the initial stage of the campaign, the tax collection authority found around a thousand suspicious properties.
  • These properties were located in both rural and urban locations across the federal capital.
  • Residents have also been asked to share the details of Benami properties in their areas.
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Photo source AFP.

PM Imran Khan ordered the countrywide crackdown against the holders of Benami assets in a letter issued from the premier’s office and directed all deputy commissioners and concerned authorities to identify the Benami properties in their areas and to submit a report till September 30. Following the premier’s order around a thousand Benami properties have been detected in the capital city as part of the campaign to identify such assets across the country.

The initiative was to increase the tax net and to renounce the undeclared assets that are kept so in order to avoid the tax payments. The crackdown started after the formal closure of the Assets Declaration Scheme.

The capital administration began its campaign after the issuance of the government’s directives and asked the revenue department to verify and examine properties registered with the authority, a news report quoted officials of Capital administration as saying.

There exist around 160,000 houses and more than 30,000 shops and another 30,000 commercial properties in all 24 sectors that comprise the capital urban areas. 26 major villages comprise the rural areas each consisting of smaller villages and dhoks, officials added.

In the initial stage of the campaign, the tax collection authority found around a thousand suspicious properties that were found to be registered in the name of individuals who were not found at the addresses available on records.

Also See: FBR Starts Confiscation Of Benami Assets, 6000 Canals Land Ceased From PML-N’s Senator

These properties were located in both rural and urban locations across the federal capital. Capital administration officials further said that the CNIC numbers of these individuals have been obtained and the National Database and Registration Authority will be approached to find them and police assistance would also be sought in this regard.

Residents have also been asked to share the details of benami properties in their areas and have also been warned against making false claims in this regard, the officials added.

How do you see the government’s policy of confiscating the benami assets to underscore the tax theft? Share your thoughts in the comment section below

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