Lahore: The caretaker Finance Minister Dr. Shamshad Akhtar has stated that Tax Amnesty 2018 is safe and no questions will be asked when voluntarily declaring assets under it, a news source reported. She was speaking at seminar on Tax Amnesty 2018.
She said that under the scheme, Federal Board of Revenue has so far collected revenue of PKR 100 billion and more revenue will be collected after elections. She said that some people were doubtful about the scheme, with the belief that the next government question them about their assets, but the amnesty scheme was launched with the approval of federal cabinet, so there are no doubts or issues with it.
She said that efforts will be made broaden the tax net as Pakistan’s current tax to GDP ratio is only 11%, which needs to be improved.
