Pakistani Businessman Who Holds Lavish Wedding, Under Tax Evasion Investigation

Pakistani Businessman Who Holds Lavish Wedding, Under Tax Evasion Investigation

ISLAMABAD, Nov 14 (NNN-APP) – Pakistan’s Federal Board of Revenue (FBR), completed initial probe into a businessman, who allegedly spent two billion Pakistani rupees (over 12.6 million U.S. dollars), on his daughter’s wedding earlier this month, in Gujranwala district of the country’s east Punjab province, local media reported yesterday.

The FBR directed the businessman to explain the source of income, after which his withholding tax will be ascertained and a legal action will be followed, if tax evasion is found.

According to the tax body’s investigation, the man, who runs a business of tiles, under the name of “Master Tiles,” spent 150 million rupees on a luxurious country club, in provincial capital of Lahore, which he booked for 120 days, for wedding festivities, the report quoted sources as saying.

Apart from it, 20 million rupees were given to an event management company, for arrangements at the wedding, and the same amount was spent on decorations and flowers, the report said, adding that another 10 million and 9.5 million rupees were used for fireworks and photography.

A leading singer of the country also charged 15 million rupees, for performing at the wedding, while the rest was spent on jewellery, meals, gifts, dresses and other things.

The wedding trended on social media platforms for several days because of its lavish spending, and many celebrities attended it.

The current Pakistani government set tax collection, as one of its prime focuses, after coming to power, and tax evaders face legal actions by the government. Earlier in Oct, the office of a cellular company was sealed in Islamabad, for non-payment of taxes worth 25.3 billion rupees. (1 U.S. dollar equals 158.30 rupees)– NNN-APP

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