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FBR launches investigation against Pakistanis holding illegal assets in UK
ISLAMABAD: The Federal Board Revenue (FBR) Chairman Yasmin Rashid saif today that an investigation has been launched against all Pakistani citizens who have not declared their property in the United Kingdom (UK). Yasmin Rashid said that they received data regarding the illegal property by UK tax authorities. The Amnesty Tax Scheme launched by the PML-N […]
ISLAMABAD: The Federal Board Revenue (FBR) Chairman Yasmin Rashid saif today that an investigation has been launched against all Pakistani citizens who have not declared their property in the United Kingdom (UK).
Yasmin Rashid said that they received data regarding the illegal property by UK tax authorities.
The Amnesty Tax Scheme launched by the PML-N government required that people declare all their local and foreign assets so that they can be marked clear. The scheme came into effect on April 10, 2018 and ran till June 30, 2018.
However, according to Yasmin Rashid only 55,ooo people, mostly hailing from Lahore and Karachi declared their assets. Yasmin said that those who have not availed the scheme will suffer dire consequences.
Moreover, Imran Khan who is to be crowned the next Prime Minister of Pakistan led his entire election campaign on ending the corruption culture in the country.
In his very first meeting with the British officials post elections, Khan asserted that he will trace all money laundering transactions and bring the money back to the national treasury.
