News & Events

Tax Amnesty Scheme 2019: Assets Declaration Ordinance

Islamabad: The cabinet on Tuesday approved tax amnesty scheme . The new scheme would be implemented through promulgation of a presidential Ordinance. The presidential ordinance can be promulgated within 24 hours after getting approval of the federal cabinet. Here is the Asset Declaration Ordinance 2019: The issuance of notices was part of the FBR’s mega drive to broaden the.


Pakistan stands at 173rd in int’l ranking of paying taxes

LCCI President Almas Hyder said that prior approval of Chairman for attaching bank account was a step in the right direction. He said that the decision would go a long way as attachment of bank accounts was promoting parallel economy. He hoped …


PCJCCI for adopting Chinese tax model in Pakistan

Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) President Shah Faisal Afridi has said that Pakistan’s tax system should be revamped in line with Chinese taxation model, which is based upon growth instead of the regulatory pressures.