Daily Archives: April 9, 2018

Tax proposals of IT, telecom sector will be considered: Miftah Ismail

ISLAMABAD: The finance ministry has assured that budget proposals submitted by IT and telecom sector will be given due consideration in the budget for 2018/2019.

Amnesty Scheme to document domestic illegal cash, assets at 2 percent, 5 percent of tax

ISLAMABAD: All Pakistanis have been given an amnesty at the rate of two percent and five percent to white their illegal/undocumented money and assets. In this regard a presidential ordinance has been promulgated.

Persons holding public office prior July 01, 2000 eligible for amnesty to declare illegal foreign assets

ISLAMABAD: Any person holding public office prior July 01, 2000 is eligible to avail amnesty and declare foreign assets and ill-gotten money in offshore accounts at the reduced rate of tax.

Deposits in foreign currency accounts linked with tax return filling

KARACHI: The government has imposed a ban on depositing cash in foreign currency accounts by resident Pakistanis without filing income tax return.