Business & Finance

Overseas Pakistanis to have benefits from amnesty scheme: Afzal

ISLAMABAD: Minister of State for Finance Rana Muhammad Afzal on Monday said Overseas Pakistanis would have benefits
Published April 9, 2018 Updated April 9, 2018 08:25pm

ISLAMABAD: Minister of State for Finance Rana Muhammad Afzal on Monday said Overseas Pakistanis would have benefits from the amnesty scheme as announced by the government to boost economy.

Talking to a news channel, he said the economic reforms package would help expand tax network in the country.

The government had reduced the tax rate through amnesty scheme.

"We have been working on the scheme for the last one year, " he said, adding under this scheme, people could not hide their assets abroad.

A data bank was being formulated through technology which would help identify the tax evaders, he said.

The present government was working to improve the living standard of the people and for this, many development projects were being completed, he added.

To a question, he said overseas Pakistanis could not conceal the money after the announcement of this new scheme.

Copyright APP (Associated Press of Pakistan), 2018