The Lifestyle Monitoring Cell of the Federal Board of Revenue (FBR) has initiated action against certain taxpayers who have been flaunting their lavish lifestyles but are declaring negligible amounts as income in their tax returns.

 

According to reports, the watchdog has dispatched the details of the alleged tax-evaders to the headquarters and respective Regional Tax Offices (RTOs) to initiate formal proceedings against at least one Lahore-based fintech company owner, a travel vlogger and a social media influencer.

 

The owner of the fintech company owns 30 latest-model luxury vehicles worth Rs2.741 billion, among which are two Lamborghini Aventadors worth Rs300 million and a Rolls Royce Phantom worth Rs250 million.

 

On the other hand, social media content by the travel influencer showed she travelled to more than 25 countries between 2021 to 2025, but declared income between Rs442,046 to Rs3.79 million.

 

Another influencer, model and content creator from Islamabad traveled to 13 countries and owns several luxury products but declared her income as between Rs3.5 million to Rs5.49 million over the past few years.

 

Among her possessions are a Louis Vuitton Neverfull MM Handbag, Gucci apparel and accessories, Dior Book Tote Bag, Rolex Watch, high-end winter apparel, luxury resort wear accessories and expensive electric gadgets. She also transitioned from Honda Civic to a Toyota Land Cruiser V8.

 

It may be noted that the action comes a month after it was reported that FBR has collected data of around 100,000 individuals flaunting their wealth on social media, with the revenue watchdog poised to take action against them.

 
The tax watchdog made it clear that individuals who provide accurate and updated information in their income tax returns will not be penalised. However, those who fail to disclose their lavish spending or luxury assets risk facing strict legal consequences.

 
Officials had urged citizens to update their tax returns promptly to avoid complications.