FBR receives detail of Dubai properties owned by Pakistanis

ISLAMABAD: Federal Board of Revenue (FBR) has declared that it has received detailed information about secret properties and income of Pakistanis in Dubai.

As per media reports, regarding this matter, a senior FBR official said that the facts and figures that are received from the Dubai Tax Authority also included the information about the income of Pakistanis that is generated in the shape of rent through properties.

On the other hand, the FBR has geared up an awareness campaign regarding the amnesty scheme.

In this regard, special instructions have been issued to the Karachi tax officials that they have to play a dynamic role to inform the businessmen about the benefits of Tax Amnesty Scheme so that they could show the hidden assets and get amnesty on them in future.

Similarly, the instructions have been issued to the tax officials of Lahore, Faisalabad, Multan, Gujranwala, and Sialkot too so that they can attract public towards Tax Amnesty Scheme.

FBR Tax Payer Audit Member Nosheen Javed Amjad urged the people to get the benefits from the present tax scheme because “the minimum tax rate, the legal protection provided by it against fines and legal proceedings makes it a perfect scheme.”

She added, “It’s an ideal offer for the public in the country and foreign countries to declare their income and assets.”