Asset Declaration Scheme aimed at documenting all fake accounts: Hammad Azhar

News Image

MG News | May 16, 2019 at 09:30 AM GMT+05:00

May 16, 2019: Minister of State for Revenue Muhammad Hammad Azhar has said the basic objective of Asset Declaration Scheme is not aimed at generating revenue but documenting all fake accounts and unregistered properties.

Talking to a private news channel, he said under the new rules, bogus accounts and unregistered property holders would be awarded seven year imprisonment which would help in making all the accounts and properties documented and registered.

Related News

Name Price/Vol %Chg/NChg
KSE100 170,478.94
174.95M
-0.41%
-696.57
ALLSHR 102,885.54
725.60M
-0.29%
-297.60
KSE30 50,877.61
79.52M
-0.67%
-344.88
KMI30 243,917.86
73.26M
-0.62%
-1524.88
KMIALLSHR 66,743.35
311.96M
-0.35%
-234.16
BKTi 46,317.47
21.24M
-0.81%
-377.00
OGTi 35,218.63
5.39M
-1.33%
-473.03
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 61,040.00 62,405.00
60,835.00
525.00
0.87%
BRENT CRUDE 92.78 95.90
92.67
-2.25
-2.37%
RICHARDS BAY COAL MONTHLY 122.00 122.00
121.00
-0.75
-0.61%
ROTTERDAM COAL MONTHLY 134.35 138.25
134.00
0.30
0.22%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 90.25 93.63
89.68
-2.79
-3.00%
SUGAR #11 WORLD 14.12 14.50
14.09
-0.15
-1.05%

Chart of the Day


Latest News
June 05, 2026 at 11:34 PM GMT+05:00

Govt cuts petrol by Rs4/litre, HSD umchanged


June 05, 2026 at 05:01 PM GMT+05:00

PSX Closing Bell: A Quiet Exit for Bulls


June 05, 2026 at 04:45 PM GMT+05:00

Policy uncertainty eases slightly in May


June 05, 2026 at 04:18 PM GMT+05:00

Telenor might sell its Easypaisa stake



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg