Tag: amnesty scheme

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 »
Taxation

FBR updates exchange rates for late payment by amnesty declarants

— July 4, 2019 add comment
ISLAMABAD: Federal Board of Revenue (FBR) on Thursday updated daily exchange rates at Rs158.13 to the dollar for payment of taxes under Asset Declaration Scheme 2019 for those persons, who filed their... Read more »
Trade & Industry

Karachi Chamber urges FBR to adjust refunds of previous amnesty’s refunds

— July 2, 2019 add comment
KARACHI: President Karachi Chamber of Commerce and Industry (KCCI) Junaid Esmail Makda, while referring to his conversation with Minster of State for Revenue Hammad Azhar and Member IR – FBR Dr. Hamid... Read more »
Finance

Amnesty scheme extended for three more days

— June 30, 2019 add comment
ISLAMABAD: The government has extended the date for tax amnesty scheme for three days on the same day when IMF board meeting to be held to discuss and approve Pakistan loan program. Read more »