The Federal Board of Revenue (FBR) has has no link or access to banking transactions of people at any level, the tax body's spokesperson said Wednesday.
The spokesperson's statement came in response to messages circulating on emails and social media over FBR's apparent access to banking transactions.
"There is no fingerprint authentication mechanism available with the FBR," the spokesperson wrote on Twitter.
The tax profile data of FBR has only offline bank account numbers which are not linked with banks or financial institutions, the spokesperson stated.
"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," the spokesperson added.
Indian goods imported into US shall be subject to additional AD Valorem rate of duty of 25%
KSE-100 Index surges by 2,051.33 points, or 1.43%, to intraday high of 145,088.49
Majority of affected businesses come from industrial, manufacturing, and automotive sectors
KSE-100 Index closes at all-time high of 143,037.16 points, up 984.52 points, or 0.69%
KSE-100 Index settles at 142,052.64 points, up 1,017.66 points, or 0.72%
Move comes amid soaring inflation, a collapsing currency, and crippling international sanctions
