Declaration under Tax Amnesty Scheme wouldn’t be used as evidence against the declarant: FBR

News Image

MG News | June 26, 2019 at 04:01 PM GMT+05:00

0:00

Jun 26, 2019: Chairman Federal Board of Revenue (FBR), Syed Muhammad Shabbar Zaidi on Wednesday clarified that declaration made under Section-12 of Assets Declaration Ordinance-2019 would not be used as an evidence against the declarant for the purpose of any proceedings relating to imposition of penalty or prosecution under any other law.

“Notwithstanding anything contained in any other law for the time being in force, nothing contained in any declaration made under this Ordinance shall be admissible in evidence against the declarant for the purpose of any proceedings relating to imposition of penalty or adverse action or for the purposes of prosecution under any law”, states Section-12 of the ordinance.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 170,117.40
265.67M
-0.19%
-329.89
ALLSHR 102,929.82
671.00M
-0.05%
-53.07
KSE30 51,771.54
154.17M
-0.12%
-60.09
KMI30 242,583.40
77.87M
-0.63%
-1530.20
KMIALLSHR 66,833.01
270.09M
-0.51%
-343.62
BKTi 46,474.05
92.01M
0.86%
397.31
OGTi 33,684.72
6.84M
-0.82%
-277.64
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 87,185.00 88,110.00
86,325.00
-610.00
-0.69%
BRENT CRUDE 59.77 59.90
59.25
0.85
1.44%
RICHARDS BAY COAL MONTHLY 91.00 0.00
0.00
2.15
2.42%
ROTTERDAM COAL MONTHLY 95.75 0.00
0.00
-0.15
-0.16%
USD RBD PALM OLEIN 1,016.00 1,016.00
1,016.00
0.00
0.00%
CRUDE OIL - WTI 55.95 56.09
55.08
-0.87
-1.53%
SUGAR #11 WORLD 14.85 15.07
14.78
-0.10
-0.67%

Chart of the Day


Latest News
December 17, 2025 at 12:51 PM GMT+05:00

TPL Corp seals Jazz International deal for Insurance subsidiary


December 17, 2025 at 12:32 PM GMT+05:00

Service sector trade deficit shrinks to $140m in November


December 17, 2025 at 11:49 AM GMT+05:00

PKR’s REER index increases to 104.76 in November


December 17, 2025 at 11:38 AM GMT+05:00

Current account posts $100m surplus in November


December 17, 2025 at 11:11 AM GMT+05:00

Pakistan to fast track privatization of IESCO, FESCO, GEPCO



Top 5 things to watch in this week

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