Multan: The people of Pakistan have declared assets worth more than PKR 1,200 billion under the Tax Amnesty Scheme 2018, a news source reported. As a result, the Federal Board of Revenue (FBR) has made recoveries of PKR 60 billion, as against the target of PKR 100 billion.
According to the sources quoted by the report, most of the people who have availed the scheme so far the ones who were already paying taxes to FBR but who hadn’t declared these sources of income and hence weren’t paying taxes on them.
