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

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 182,241.78
412.98M
0.54%
982.10
ALLSHR 110,583.67
943.78M
0.59%
653.91
KSE30 54,431.71
88.75M
0.62%
333.09
KMI30 256,914.21
109.86M
0.51%
1306.68
KMIALLSHR 71,041.31
586.34M
0.56%
392.65
BKTi 51,712.76
42.20M
1.08%
554.64
OGTi 36,659.58
6.31M
0.32%
116.76
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 64,130.00 64,680.00
63,785.00
45.00
0.07%
BRENT CRUDE 78.81 79.00
77.72
2.80
3.68%
RICHARDS BAY COAL MONTHLY 105.75 0.00
0.00
-1.15
-1.08%
ROTTERDAM COAL MONTHLY 118.00 0.00
0.00
0.65
0.55%
USD RBD PALM OLEIN 1,135.00 1,135.00
1,135.00
0.00
0.00%
CRUDE OIL - WTI 74.14 74.20
73.18
2.73
3.82%
SUGAR #11 WORLD 14.86 0.00
0.00
-0.02
-0.13%

Chart of the Day


Latest News
July 11, 2026 at 05:49 PM GMT+05:00

Weekly Market Roundup


July 11, 2026 at 04:01 PM GMT+05:00

SECP unveils digital KYC for investors


July 11, 2026 at 03:52 PM GMT+05:00

Govt showcases record Sukuk issuance, debt market growth


July 11, 2026 at 10:40 AM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


July 11, 2026 at 12:52 AM GMT+05:00

Govt raises HSD, petrol prices by over Rs13/litre



Top 5 things to watch in this week

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