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 150,016.16
145.54M
0.56%
837.50
ALLSHR 90,164.34
252.99M
0.46%
410.34
KSE30 45,486.46
99.07M
-0.00%
-1.03
KMI30 214,854.66
60.89M
0.67%
1433.99
KMIALLSHR 58,253.19
111.97M
0.44%
254.55
BKTi 41,815.03
51.07M
-1.21%
-510.60
OGTi 30,860.86
6.60M
0.86%
262.33
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 74,415.00 76,190.00
73,965.00
295.00
0.40%
BRENT CRUDE 104.13 104.98
101.44
3.92
3.91%
RICHARDS BAY COAL MONTHLY 99.40 0.00
0.00
-11.70
-10.53%
ROTTERDAM COAL MONTHLY 121.50 0.00
0.00
0.35
0.29%
USD RBD PALM OLEIN 1,083.50 1,083.50
1,083.50
0.00
0.00%
CRUDE OIL - WTI 97.62 98.42
93.88
4.12
4.41%
SUGAR #11 WORLD 14.18 14.44
14.15
-0.19
-1.32%

Chart of the Day


Latest News
March 17, 2026 at 01:45 PM GMT+05:00

PSX to remain closed for Eid, Pakistan Day


March 17, 2026 at 01:25 PM GMT+05:00

Fertilizer offtake increases 8.3% YoY in Feb 2026


March 17, 2026 at 12:42 PM GMT+05:00

OMO Result: SBP injects around Rs301bn into market



Top 5 things to watch in this week

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