{"id":40105,"date":"2018-07-11T10:34:03","date_gmt":"2018-07-11T05:34:03","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=40105"},"modified":"2018-07-11T10:34:03","modified_gmt":"2018-07-11T05:34:03","slug":"amnesty-scheme-misses-revenue-target","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/amnesty-scheme-misses-revenue-target.html","title":{"rendered":"Amnesty scheme misses revenue target"},"content":{"rendered":"<p>Islamabad: The amnesty scheme hasn\u2019t been able to meet the revenue target of PKR 3,935 billion set for the fiscal year 2017-2018, according to a news report. The provisional revenue collection stands at PKR 3,751 billion.<\/p>\n<p>Collections under the amnesty scheme stand at PKR 90 billion, however, this hasn\u2019t been included in the overall collection as the Federal Board of Revenue (FBR) hasn\u2019t clarified whether proceeds from the amnesty scheme will be further revised or not as a large amount is still stuck in the pipeline.<\/p>\n<p>The caretaker Finance Minister Dr. Shamshad Akhtar was briefed by the top officials at the FBR. Akhtar instructed the board that money raised from the amnesty scheme shouldn\u2019t be added as the revenue collection of the tax machinery.<\/p>\n<p>To increase the revenue collection and help more people benefit from it, the <a href=\"https:\/\/www.zameen.com\/blog\/tax-amnesty-scheme-deadline-extended-till-july-31.html\">deadline for availing the tax amnesty scheme<\/a> was extended by July 31, 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The amnesty scheme hasn\u2019t been able to meet the revenue target of PKR 3,935 billion set for the fiscal year 2017-2018, according to a news report. The provisional revenue collection stands at PKR 3,751 billion. Collections under the amnesty scheme stand at PKR 90 billion, however, this hasn\u2019t been included in the overall collection as the Federal Board of Revenue (FBR) hasn\u2019t clarified whether proceeds from the amnesty scheme will be further revised or not as a large amount is still stuck in the pipeline. The caretaker Finance Minister Dr. Shamshad Akhtar was briefed by the top officials at the FBR. Akhtar instructed the board that money raised from the amnesty scheme shouldn\u2019t be added as the revenue collection of the tax machinery. To increase the revenue collection and help more people benefit from it, the deadline for availing the tax amnesty scheme was extended by July 31, 2018.<\/p>\n","protected":false},"author":60,"featured_media":26795,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[3493,3362,6428,7394],"persona":[],"class_list":{"0":"post-40105","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-amnesty-scheme","8":"tag-fbr","9":"tag-revenue","10":"tag-tax-target"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Amnesty scheme misses revenue target - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The amnesty scheme hasn\u2019t been able to meet the revenue target of PKR 3,935 billion set for the fiscal year 2017-2018, according to a news\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/amnesty-scheme-misses-revenue-target.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Amnesty scheme misses revenue target - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The amnesty scheme hasn\u2019t been able to meet the revenue target of PKR 3,935 billion set for the fiscal year 2017-2018, according to a news\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/amnesty-scheme-misses-revenue-target.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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