Federal Board of Revenue announces that given Tax Amnesty scheme deadline will be completed today
Head of Federal Board of Revenue Rukhsana Yasmin, there is no possibility in further extension of the deadline. She asked the public to profit this last and last opportunity to get their undeclared resources announced since today is last day to avail tax amnesty scheme.
FBR has warned holders of undeclared local and foreign assets will face consequences if they do not declare assets after the expiry of the tax amnesty scheme.
The tax amnesty scheme was announced by the PML-N government earlier this year, came into effect on April 10, 2018, and was to end on June 30, 2018.
The scheme had been cited as an opportunity for people to file their local and foreign assets without facing any consequences. The tax amnesty scheme will not be extended beyond midnight tonight (Tuesday), the Federal Board of Revenue (FBR) announced on Tuesday.