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Deadline for Assets Declaration Scheme Ends Today

ISLAMABAD: Deadline to declare assets under Assets Declaration Scheme through a Presidential Ordinance ending on Wednesday (today).

According to Chairman Federal Board of Revenue (FBR) Shabbar Zaidi one lac five thousand people have benefited from the scheme.

He expressed hope that the government would be able to collect tax worth Rs45 billion through the asset declaration scheme, adding that sales tax registration can be done online from now on.

The scheme which was supposed to close on July 1 was extended for three more days with an aim to benefit more people.

The chairman FBR has ruled out any more extension in the deadline of the scheme.

The action against the Benami properties of politicians and others would come into effect from tonight (Wednesday).