After deadline, FBR to start action against tax evaders.

• Position: Pakistan's Federal Board of Revenue - Brief article

Taxpayers will not be able to avail concessionary benefits of the Assets Declaration Scheme after the due date and following implementation of the Benami Act 2017 and it will be very difficult to hide assets not declared under the amnesty scheme.

This was the crux of the Assets Declaration Scheme conference organised by the Federal Board of Revenue (FBR) Corporate Regional Tax Office (CRTO) Lahore on Thursday. The event was aimed at capacity building of members of the Lahore Economic Journalists Association.

"The amnesty scheme presents a unique opportunity to taxpayers to reveal undeclared assets by paying minimum tax and registering themselves in the national economy," said CRTO Chief Commissioner Muhammad Nadeem Rizvi.

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