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Tuesday, December 3, 2024
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Rs62 billion recovered under asset declaration scheme, NA informed

As many as 1,24,587 people availed the scheme

Int’l market to open for Pakistan after IMF’s agreement: Hammad

He said the government would achieve the tax target set for the next fiscal year.

Deadline to declare assets under Assets Declaration Scheme ends today

The chairman FBR said the government would be able to collect tax worth Rs45 billion through the asset declaration scheme.

Rs. 42 bln tax received in Assets Declaration Scheme: sources

Around 90,000 people benefited from the Assets Declaration Scheme, sources at Federal Board of Revenue said on Monday.

Authority to implement Benami law to function from tomorrow

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).

Assets declaration scheme’s deadline to end today

The federal government on June 1 introduced the Assets Declaration Scheme.

Massive traffic crashes FBR portal of assets declaration

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. 

Declared assets could not be presented as evidence against declarer: FBR

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.

Pakistanis legalize Rs1 trillion foreign assets in amnesty scheme: report

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.

No extension in Assets Declaration Scheme deadline: Finance Ministry

The government of Prime Minister Imran Khan has launched the tax amnesty scheme to allow inclusion of non-documented economy in taxation system and to promote economic revival and growth by encouraging tax compliance.

State Bank will announce registration of Rs 40,000 prize bonds: FBR

The FBR also said that around 5000 people have filed applications for the Assets Declaration Scheme.

Assets Declaration Scheme: FBR issues forms to declare assets

Under the scheme, separate forms required to be filled for assets within the country and abroad and can be whitened at a rate of four per cent.

Tax amnesty scheme to revive national economy: Hafeez Shaikh

The finance adviser announced that the federal government has aimed to launch this scheme not to collect money but to generate revenue to activate national economy.
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