{"id":40081,"date":"2018-07-09T18:12:17","date_gmt":"2018-07-09T13:12:17","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=40081"},"modified":"2018-07-09T18:12:17","modified_gmt":"2018-07-09T13:12:17","slug":"tax-amnesty-2018-usd-120-million-added-to-foreign-exchange-reserves","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/tax-amnesty-2018-usd-120-million-added-to-foreign-exchange-reserves.html","title":{"rendered":"Tax Amnesty 2018: USD 120 million added to foreign exchange reserves"},"content":{"rendered":"<p>Islamabad: The Tax Amnesty 2018 has helped contribute USD 120 million to the foreign exchange reserves of the central, according to a news report. Another USD 15 million have been added to the forex reserves of private banks.<\/p>\n<p>After the addition, due to taxes and repatriation of assets, the State Bank\u2019s forex reserves stand at 9.78 billion, while the reserves of commercial banks stand at USD 6.59 billion.<\/p>\n<p>It has previously been reported that the people of Pakistan have <a href=\"https:\/\/www.zameen.com\/news\/assets-worth-pkr-1200-billion-declared-under-amnesty-scheme.html\">declared assets worth more than PKR 1,200 billion under the Tax Amnesty Scheme 2018<\/a>. As a result, the Federal Board of Revenue (FBR) has made recoveries of PKR 60 billion, as against the target of PKR 100 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Tax Amnesty 2018 has helped contribute USD 120 million to the foreign exchange reserves of the central, according to a news report. Another USD 15 million have been added to the forex reserves of private banks. After the addition, due to taxes and repatriation of assets, the State Bank\u2019s forex reserves stand at 9.78 billion, while the reserves of commercial banks stand at USD 6.59 billion. It has previously been reported that the people of Pakistan have declared assets worth more than PKR 1,200 billion under the Tax Amnesty Scheme 2018. As a result, the Federal Board of Revenue (FBR) has made recoveries of PKR 60 billion, as against the target of PKR 100 billion.<\/p>\n","protected":false},"author":57,"featured_media":37403,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[7378],"persona":[],"class_list":["post-40081","post","type-post","status-publish","format-standard","has-post-thumbnail","tag-tax-amnesty-2018-usd-120-million-added-to-foreign-exchange-reserves"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tax Amnesty 2018: USD 120 million added to foreign exchange reserves - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Tax Amnesty 2018 has helped contribute USD 120 million to the foreign exchange reserves of the central, according to a news report. 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