Deadline of Assets Declaration Scheme ends today

03 Jul, 2019

The deadline for the declaration of assets under Assets Declaration Scheme will end today on Wednesday after it was extended by the Federal Board of Revenue on June 30.

Under the amnesty scheme unveiled by the Pakistan Tehreek-e-Insaf (PTI) government, people can declare their undisclosed assets, expenditures and sales along with payment of taxes. This scheme can be availed by all companies, associations of persons and individuals.

Prime Minister Imran Khan has continuously urged the people to avail the scheme to declare and whiten their foreign assets, benami accounts. The premier also appealed to the people to pay their taxes for a better future of their children.

The prime minister has also maintained that anyone who does not avail the scheme will be strictly dealt with. He warned that his government has information about benami accounts and assets which has never been obtained before.

Copyright Business Recorder, 2019

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