As many as 1,24,587 people availed the scheme
assets declaration scheme
He said the government would achieve the tax target set for the next fiscal year.
The chairman FBR said the government would be able to collect tax worth Rs45 billion through the asset declaration scheme.
Around 90,000 people benefited from the Assets Declaration Scheme, sources at Federal Board of Revenue said on Monday.
The Federal Board of Revenue (FBR) has set up administrative structure to implement Benami Act, 2017 and the adjudicating authority has been constituted to take action against Benami holders of bank accounts or properties with effect from July 1, 2019 (tomorrow).
The FBR chairman has directed to fix the problem on an urgent basis as thousands of people are facing difficulty in filing their tax details.
Deadline to expire on June 30.
He said he was giving an assurance to those intending to declare their assets under the current scheme that they would never face any difficulty in future due to this sharing of the data with the FBR.
The assets whitened by Pakistanis in UAE, accounting for over one-third (34.5 per cent) of the total whitened foreign assets in the Assets Declaration Scheme, the paper said.