Tag: amnesty scheme

Taxation

FBR initiates framing ‘concealment of assets’ cases against defaulting amnesty declarants

— September 12, 2020 add comment
KARACHI: Federal Board of Revenue (FBR) has initiated the process of framing cases under concealment of assets against persons who declared under an amnesty scheme but failed to pay taxes within the... Read more »
Taxation

FBR urged to extend date for tax amnesty payment

— June 19, 2020 add comment
KARACHI: Karachi Tax Bar Association (KTBA) has urged Federal Board of Revenue (FBR) to extend the date for making payment for amnesty scheme declarants. The KTBA in a letter to FBR chairperson... Read more »
Budget 2020-2021

Key points of amnesty scheme for real estate sector

— June 17, 2020 add comment
KARACHI: The federal government has made amnesty granted to real estate sector to the part of Finance Bill, 2020 in order to get approval from the Parliament. Deloitte Yousuf Adil Chartered Accountants... Read more »
Taxation

Probe launched into amnesty scheme cases

— May 20, 2020 add comment
ISLAMABAD: The Federal Tax Ombudsman (FTO) has launched investigation of over 12,000 pending cases of aggrieved taxpayers who could not avail Assets Declaration Scheme 2019 despite payment of due taxes before the... Read more »
Taxation

Immunity under Section 111 is Tax Amnesty

— April 5, 2020 add comment
KARACHI: Granting immunity from Section 111 of Income Tax Ordinance, 2001 is an amnesty, senior tax officials at Federal Board of Revenue (FBR) said. This section of the ordinance deals with unexplained... Read more »
Taxation

FTO takes suo moto notice in pending 11,000 tax amnesty cases

— January 9, 2020 add comment
KARACHI: Federal Tax Ombudsman (FTO) has taken suo moto notice in 11,000 cases related to tax amnesty scheme for tax year 2018, a tax bar said on Thursday. Read more »
Taxation

FBR urged to resolve return filing issue of shopkeepers, paid taxes under amnesty

— December 30, 2019 add comment
KARACHI: Karachi Taxpayers Association (KTBA) has urged Federal Board of Revenue (FBR) to resolve return filing by shopkeepers and persons paid duty and taxes under amnesty scheme. Read more »
Taxation

Amnesty declarants can pay tax at 20pc default surcharge by Dec 31

— December 17, 2019 add comment
KARACHI: Persons / companies can avail amnesty scheme 2019 by paying 20 percent default surcharge by December 31, 2019 subject to declaration filed by due date. Read more »
Taxation

PTBA asks FBR to allow amnesty declaration filing on already paid tax

— November 30, 2019 add comment
LAHORE: Pakistan Tax Bar Association (PTBA) has said that those persons who had made payment for availing tax amnesty scheme but failed to file their returns should be given an opportunity for... Read more »
Taxation

FBR urged to allow filing amnesty scheme declarations

— July 8, 2019 add comment
KARACHI: Federal Board of Revenue (FBR) has been urged to allow those persons to file their declarations who have paid duty and taxes under amnesty scheme 2019 by due date. Read more »