The Lifestyle Monitoring Cell in FBR has launched a wide-ranging investigation into individuals whose extravagant lifestyles appear inconsistent with their declared sources of income.
Officials confirmed that several high-profile names have been forwarded to FBR headquarters and respective Regional Tax Offices for inquiries under existing income tax laws.
The initiative comes as the FBR works aggressively to achieve its Rs14.13 trillion annual revenue target after missing Rs274 billion in the first four months.
Among the cases flagged is a Lahore-based fintech entrepreneur reportedly owning 30 luxury vehicles worth over Rs2.7 billion, including Lamborghini and Rolls-Royce models.
Despite such immense wealth, official records reveal the entrepreneur declared only Rs523,493 in 2019, later revising it to Rs181 million by 2025, far below reality.
Investigators detected massive inconsistencies in declared assets, noting gold reserves jumped from 10 tola to 50 tola and business capital rose from Rs750,000 to Rs11 million.
The value of his luxury car collection alone was estimated to be nearly 940 times greater than his total declared wealth in 2019.
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The Cell also identified two prominent social media influencers from Lahore and Islamabad for maintaining lifestyles that contradict their reported financial disclosures.
One influencer reportedly visited 25 countries between 2021 and 2025 while declaring an income that never exceeded Rs4 million in any fiscal year.
Another influencer travelled to destinations including Switzerland, Singapore, and the UK, owning designer goods yet declaring annual earnings between Rs3.5 million and Rs5.5 million.
Officials stated that the investigation began after identifying a clear gap between declared incomes and visible wealth such as vehicles, jewelry, and foreign travel.
The FBR is now verifying property records, travel details, and vehicle registrations to uncover unreported assets and confirm the extent of hidden wealth.
Cases that reveal concrete evidence of concealment will face penalties, reassessment, and possible prosecution under the prevailing income tax regulations of Pakistan.
Authorities said the Lifestyle Monitoring Cell is expanding its data network using property registries, social media insights, and financial records to detect under-reporting.
