FBR Issues Further Draft Amendments in the Assets Declaration (Procedure and Conditions) Rules, 2019
FBR Issues Further Draft Amendments in the Assets Declaration (Procedure and Conditions) Rules, 2019 The Federal Board of Revenue (FBR) will not initiate proceedings against the legally valid declarations of amnesty scheme of 2019 under the Foreign Exchange Regulation Act, 1947, Protection of Economic Reforms Act,1992, and the Anti-Money Laundering Act, 2010 or any rules, notifications or orders made thereunder with respect to assets, income or expenditure declared under the Assets Declaration Act 2019. The Federal Board of Revenue (FBR) has belatedly issued rules for the declarants of the am...