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

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

Add Mettisglobal as a Trusted Source on Google

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	170,511.86 278.75M	0.98% 1646.82
ALLSHR	103,203.80 682.99M	0.89% 908.76
KSE30	50,839.23 100.13M	1.18% 592.12
KMI30	243,245.60 147.66M	1.61% 3852.07
KMIALLSHR	66,892.15 407.33M	1.15% 757.54
BKTi	47,509.55 28.38M	0.77% 361.93
OGTi	34,789.19 8.38M	1.60% 547.02

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	77,340.00	77,640.00 77,215.00	-90.00 -0.12%
BRENT CRUDE	104.32	109.97 103.50	-3.31 -3.08%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	1.70 1.33%
ROTTERDAM COAL MONTHLY	140.00	0.00 0.00	-0.75 -0.53%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	99.99	104.46 98.48	-2.49 -2.43%
SUGAR #11 WORLD	18.15	18.84 17.93	-0.58 -3.10%