Businessmen call for three months extension in Amnesty Scheme.

ISLAMABAD -- The business community has welcomed Prime Minister Imran Khan's consideration to extend the deadline of the Asset Declaration Scheme, helping maximum number of businessmen avail full benefit of legalizing their undeclared assets. This was said by Friends of Economic and Business Reforms (FEBR) President Kashif Anwar in a press released issued on Saturday demanded the assets declaration scheme should be extended for another three months till Sept 30 He said that businessmen appreciate the PM's idea of extension because there's a lot of pressure, and lots of people are saying that there is too little time left to register. It is to be noted that Prime Minister has said that within next 48 hours, the government would come up with a program to accommodate those who had emerged in a huge number at the last moment to avail tax amnesty scheme expiring on June 30, 2019.

Kashif Anwar said that Tax Amnesty Scheme 2019 would relieve pressure on the economy as it would generate additional revenue for the government while businessmen can declare their assets or income and they cannot be asked about their source. He said that three-month's extension in Tax Amnesty...