Tax bar welcomes PM's intension to extend amnesty scheme.

RAWALPINDI -- Tax Bar Association (RITBA) lauded the Prime Minister Imran Khan who has hinted at extending the deadline of the Asset Declaration Scheme. The deadline must be extended as many people could not get the benefit of ADO 2019 due to the holy month of Ramadan, Eid holidays, uncertainty and failure of the FBR's online system to process the increasing number of applications, it said. Extension in the deadline will be in the interest of the government and the masses, therefore, the President is requested to issue an Ordinance, said Syed Tauqeer Bukhari, President of RITBA. In a statement issued here today, he said that the Federal Government or the FBR has no powers to extend the scheme. The Ordinance has now become an Act and its clauses No 6 and 3 clearly states 30th June as the deadline.

Syed Tauqeer Bukhari said that under the...