Federal Board of Revenue (FBR) has started sending notices to Pakistanis holding undisclosed foreign and local assets, reported Radio Pakistan.

According to FBR, the notices will be sent from today in two phases after expiry of amnesty scheme.

In the first phase, notices will be sent to one thousand Pakistanis in the United Kingdom.

The UK tax authorities have shared with FBR full details of Pakistanis owning properties and earning rental incomes.

In the second phase, notices will be issued to another five hundred Pakistanis who have purchased properties in UAE.