Islamabad: The Federal Board of Revenue (FBR) has clarified that the board is bound to not leak details of those availing the amnesty scheme under the Foreign Asset (Declaration and Repatriation) Act 2018 and Voluntary Declaration of Domestic Asset Act 2018, a new source reported. The board also shunned the rumours regarding any leak of the information.
According to the Foreign Asset (Declaration and Repatriation) Act 2018 and Voluntary Declaration of Domestic Asset Act 2018, anyone involved in sharing the sensitive and confidential information can face a legal penalty of either paying a fine of PKR 500,000 to 1,000,000 or serving one year in jail or both.
To further control the information from being leaked, the FBR has made an online system, limiting access to information and ensuring secrecy.
Samra Zulfiqar, a real estate analyst at Zameen.com, is passionate about finding projects that offer buyers the best returns. Her keen insights spotlight the market’s most promising opportunities.
