Tax amnesty

Expatriates, local businessmen in joint ventures to enjoy five-year tax holiday

Only 1,321 people have registered themselves in 2,125 construction projects

Imran says industries connected to construction will continue to function even during lockdown

Allows investors to legalise tax-evaded money at just 4% of property value

This will be the premier's third address to the nation on the amnesty scheme

Less than 250 people have so far opted for the scheme by paying around Rs450m

Chairman urges them to opt for tax amnesty as only 11% are currently registered

History, however, shows that none of such schemes in the past have met with much success

Party spokesperson says the move exposes govt’s hypocrisy

Says revenue generation and inflow of dollars added bonus

Seek permission to pledge bonds with banks as collateral to take loans

Says extending the deadline will help in expanding the tax net and fetch more revenue

One hopes that the target set for the scheme is achieved before the extended deadline

Despite over Rs100b tax contribution, FBR fell short of its annual target exposing poor tax machinery

Says tax amnesty scheme is a way out

Warns people of strict action if they fail to declare their hidden assets

Says extending deadline would be difficult; ICCI urges extension

Development comes as major boost to PML-N and its plans

The government may have another chance to get the bills through on Friday

While it has no legal ramification, endorsement would have acted as vote of confidence

Miftah Ismail answers queries about tax amnesty scheme

Why would someone want to bring in hidden, undeclared assets to Pakistan

Opposition parties question timing of amnesty just days before budget

Companies will be picked only once in three years if they fall on risk parameters

PM's aide Haroon Akhtar says OECD also seeks protection of taxpayer record

Way paved for legalising local, offshore hidden assets

Replicates National Accountability Ordinance 1999 definition; Sharif, Zardari to become ineligible to use the scheme

Global body writes letter to Pakistan, says scheme may affect global fight against terror financing

Income tax exemption threshold increased to Rs1.2m

This could be the fourth tax amnesty scheme over the last three years by the PML-N government

Indonesia is winding up one of world's most successful tax amnesties

Finance minister has dropped a hint that such a policy may be in the works

If offered, it will be the fourth such scheme introduced by the present political dispensation

May include non-resident Pakistanis in definition of citizens

Govt lowers capital gains tax on profits made from property.

Now investment potential is much better in Pakistan, says FPCCI

Tax amnesty schemes are one of the major factors causing distortions in the system, says Tax Reforms Commission Report

The government is planning to withdraw tax exemptions worth roughly Rs80 billion in the upcoming budget

Uproar, opposition walkouts fail to deter ruling party

Lower house passes two bills on withholding tax on transactions