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The Federal Board of Revenue (FBR) has intensified its crackdown on tax evasion by seizing Bahria Town Tower in Karachi as part of efforts to recover Rs. 26 billion in outstanding taxes. The move, which follows raids and record seizures conducted in October 2025, marks one of the largest tax recovery actions against a private real estate giant in Pakistan.
The seized Bahria Town Tower includes 145 residential units, 42 offices, and 103 shops. The FBR has imposed a strict ban on the sale, transfer, or disposal of these properties without prior authorization, emphasizing that any objections must be submitted to the Large Taxpayer Office (LTO) in Islamabad.
The FBR spokesperson said, “This action is part of our renewed commitment to enforce compliance among large taxpayers and ensure that due revenues are collected for the national exchequer.”
Bahria Town, one of Pakistan’s leading real estate developers, has previously faced scrutiny over tax filings, but this high-profile seizure highlights the FBR’s increasing vigilance against tax evasion in the real estate sector. Analysts suggest that such actions could set a precedent for stricter enforcement against other large-scale property developers.
The Federal Board of Revenue has been actively monitoring large taxpayers with significant outstanding liabilities. In October 2025, the FBR conducted raids at Bahria Town Tower and took custody of key records, culminating in the current asset seizure. The recovery of Rs. 26 billion is part of a broader national strategy to improve tax compliance and revenue collection.
