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The Federal Board of Revenue (FBR) has so far received 110,000 declarations under the Assets Declaration Scheme-2019 with tax deposited to the tune of over Rs 60 billion. Sources said that 25,000 more declarations are under process, taking total declarations filed under the Assets Declaration Scheme-2019 to 130,000. The people who are in the pipeline would be allowed to complete their process for making declarations under the Assets Declaration Scheme-2019. During the ongoing drive of documentation, return filing and amnesty scheme, the FBR has been able to include 150,000 new taxpayers into the tax system so far.

Copyright Business Recorder, 2019

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