Amnesty Scheme 2019.
The current government, since their transition to power, has been finding creative ways to boost the economy and to bridge the gap created by circular debt before they can formally go to the International Monetary Fund (IMF) for an economic bailout. In the last couple of months, we have witnessed several policies which have pointed out the government's preference towards immediate revenue rather than working out policies which will eventually improve the economic net in the country. The move is also understandable to the extent that the current Gross Domestic Product (GDP) after its expenditures barely has a sum significant enough to spend on human development and infrastructural development in general.
Keeping that in mind, along with the added pressure on the business community due to the narrative of accountability, the government is once again aiming towards providing another amnesty scheme which will increase the tax base of Pakistan. This is being done at the suggestion of the business community put forth by the President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Engr. Daroo Khan Achakzai at a meeting involving a few stakeholders. The demands put forth revolved around the need to revise the last amnesty scheme and implement it. They also suggested the initiation of an awareness campaign for the target community...
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