Advisor to Prime Minister on Finance, Revenue and Economic Affairs Dr. Abdul Hafeez Sheikh on Thursday (July 4) while addressing a press conference, said that total of Rs70 billion has been collected as tax, assets worth Rs3,000 billion have been declared and about 100,000 new filers have been added to the system, under tax amnesty scheme.
He further maintained that the state’s economy would achieve sustainability with the [three-year $6 billion bailout package approved] by the International Monetary Fund (IMF). Minister of State for Revenue Hammad Azhar and Federal Board of Revenue (FBR) Chairman Shabbar Zaidi were also present in the conference.
As the deadline of Assets Declaration Scheme reached its end, Federal Government on Thursday (July 4) began its crackdown by freezing undeclared properties of Senator Choudhary Tanvir. As per details, Government has frozen 7,000 Kanal land of PML-N leader and Senator Choudhary Tanvir’s after it was found to be undeclared.
It was found that the land was in name of Mr Tanvir’s employees; Mohammad Basharat, Raja Abdul Shakoor, Shahjahan Begum, Mohammad Maroof, Azhar Ali and Abdul Aziz. Notices have been issued to all employees.
Federal Board of Revenue (FBR), over Premier Imran Khan’s special emphasis, has begun its action against those who did not avail the government’s scheme. Sources said that once inquiry gets concluded over Senator, government will seize his property of 7,000 Kanal land.
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