A fine and taxes of upto 80 percent of the property's value would be imposed in case of non-payment of due taxes, warned the FBR.
Asset Declaration Scheme
The Federal Board of Revenue on Wednesday announced that Rs 70bn revenue was collected through ‘Asset Declaration Scheme’.
A day prior, FBR chairperson had clarified that there would be no extension in the amnesty scheme.
Chairman Federal Board of Revenue Shabbar Ali Zaidi today (Friday) in a statement said that the deadline for government's asset declaration scheme was not being extended, ARY News reported.
All FBR offices will remain open until 8:00 pm on Friday (today), 11:00 pm on Saturday (tomorrow) and Sunday