The Federal Board of Revenue (FBR) has announced that it would take action against major tax defaulters who did not submit their returns for 2020, sources said.

According to sources, a list of 25 major tax defaulters has been sought from all large taxpayers' offices (LTOs).

The LTOs have been directed to submit the lists of top 25 tax defaulters within two weeks, and action will be taken against those who would fail to comply.

Sources said that the FBR has so far issued tax notices to 1.4 million tax defaulters.