Multan: Member Federal Board of Revenue Faheem ul Haq has stated that it will be impossible to retain undeclared assets after the Tax Amnesty Scheme 2018 ends, a news source reported. He stated that foreign and domestic assets need to be brought into the tax net. He was speaking to a seminar on Tax Amnesty Scheme 2018 organised by Chamber of Small Industries.
Haq further stated that the response of Multani businessmen for the amnesty scheme has been good. Speaking on a separate event in Multan, Haq stated that the FBR’s target is to bring the future taxpayers into the tax net and increase the GDP.
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Samra Zulfiqar
Samra Zulfiqar is a Real Estate Analyst at Zameen Media (Pvt) Ltd. You can also find and follow her on Google+.