{"id":48993,"date":"2019-02-11T12:01:04","date_gmt":"2019-02-11T07:01:04","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=48993"},"modified":"2019-02-11T12:01:04","modified_gmt":"2019-02-11T07:01:04","slug":"prize-bonds-to-be-converted-into-registered-instruments","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/prize-bonds-to-be-converted-into-registered-instruments.html","title":{"rendered":"Prize bonds to be converted into registered instruments"},"content":{"rendered":"<p>Islamabad: The government plans to convert all prize bonds into registered instruments in a bid to identify money trails \u2013 a news source reported. Bonds bearing small monetary denominations, however, will be excluded from this revision.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/govt-seeks-info-on-pakistanis-holding-assets-in-russia-turkey.html\">Govt seeks info on Pakistanis holding assets in Russia, Turkey<\/a><\/p>\n<p>This measure comes in line with the government\u2019s crackdown on tax evaders and money launderers. It will also allow the authorities concerned to keep a record of investors. The initiative will be completed in a phased manner.<\/p>\n<p>Prime Minister Imran Khan previously approved the conversion of prize bonds worth PKR 100,000. On a similar footing, the authorities concerned are working on the conversion of the PKR 40,000 prize bond.<\/p>\n<p>Read:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/fbr-proposes-provisional-assessment-to-recover-taxes.html\">FBR proposes provisional assessment to recover taxes<\/a><\/p>\n<p>These registered instruments will be utilised for the purposes of broadening the tax net. This task involves identifying individuals who currently fall outside the tax bracket using data obtained from third-party sources.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/fbr-to-probe-property-tax-evasion-worth-pkr-2-bn.html\">FBR to probe property tax evasion worth PKR 2 bn<\/a><\/p>\n<p>The Federal Board of Revenue (FBR), at present, does have access to this information \u2013 in the form of individual bank account and asset details. However, it lacks the analytical tools required to utilise this data effectively.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The government plans to convert all prize bonds into registered instruments in a bid to identify money trails \u2013 a news source reported. Bonds bearing small monetary denominations, however, will be excluded from this revision. Read:\u00a0Govt seeks info on Pakistanis holding assets in Russia, Turkey This measure comes in line with the government\u2019s crackdown on tax evaders and money launderers. It will also allow the authorities concerned to keep a record of investors. The initiative will be completed in a phased manner. Prime Minister Imran Khan previously approved the conversion of prize bonds worth PKR 100,000. On a similar footing, the authorities concerned are working on the conversion of the PKR 40,000 prize bond. Read:\u00a0FBR proposes provisional assessment to recover taxes These registered instruments will be utilised for the purposes of broadening the tax net. This task involves identifying individuals who currently fall outside the tax bracket using data obtained from third-party sources. Read:\u00a0FBR to probe property tax evasion worth PKR 2 bn The Federal Board of Revenue (FBR), at present, does have access to this information \u2013 in the form of individual bank account and asset details. However, it lacks the analytical tools required to utilise this data&hellip;<\/p>\n","protected":false},"author":67,"featured_media":49002,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[10401],"persona":[],"class_list":{"0":"post-48993","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-prize-bonds-to-be-converted-into-registered-instruments"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Prize bonds to be converted into registered instruments - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The government plans to convert all prize bonds into registered instruments in a bid to identify money trails \u2013 a news source reported. Bonds\" \/>\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\/prize-bonds-to-be-converted-into-registered-instruments.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Prize bonds to be converted into registered instruments - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The government plans to convert all prize bonds into registered instruments in a bid to identify money trails \u2013 a news source reported. Bonds\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/prize-bonds-to-be-converted-into-registered-instruments.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:author\" content=\"atif_zameen_dev\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-11T07:01:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2019\/02\/Prize-Bond.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"350\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Manik Aftab\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Manik Aftab\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Prize bonds to be converted into registered instruments - Zameen News","description":"Islamabad: The government plans to convert all prize bonds into registered instruments in a bid to identify money trails \u2013 a news source reported. Bonds","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/prize-bonds-to-be-converted-into-registered-instruments.html","og_locale":"en_US","og_type":"article","og_title":"Prize bonds to be converted into registered instruments - Zameen News","og_description":"Islamabad: The government plans to convert all prize bonds into registered instruments in a bid to identify money trails \u2013 a news source reported. Bonds","og_url":"https:\/\/www.zameen.com\/news\/prize-bonds-to-be-converted-into-registered-instruments.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_author":"atif_zameen_dev","article_published_time":"2019-02-11T07:01:04+00:00","og_image":[{"width":600,"height":350,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2019\/02\/Prize-Bond.jpg","type":"image\/jpeg"}],"author":"Manik Aftab","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Manik Aftab","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/prize-bonds-to-be-converted-into-registered-instruments.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/prize-bonds-to-be-converted-into-registered-instruments.html"},"author":{"name":"Manik Aftab","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/ff469695c0914ef3147ebd56e5d61b7e"},"headline":"Prize bonds to be converted into registered instruments","datePublished":"2019-02-11T07:01:04+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/prize-bonds-to-be-converted-into-registered-instruments.html"},"wordCount":208,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/prize-bonds-to-be-converted-into-registered-instruments.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2019\/02\/Prize-Bond.jpg","keywords":["Prize bonds to be converted into registered instruments"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/prize-bonds-to-be-converted-into-registered-instruments.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/prize-bonds-to-be-converted-into-registered-instruments.html","url":"https:\/\/www.zameen.com\/news\/prize-bonds-to-be-converted-into-registered-instruments.html","name":"Prize bonds to be converted into registered instruments - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/prize-bonds-to-be-converted-into-registered-instruments.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/prize-bonds-to-be-converted-into-registered-instruments.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2019\/02\/Prize-Bond.jpg","datePublished":"2019-02-11T07:01:04+00:00","description":"Islamabad: The government plans to convert all prize bonds into registered instruments in a bid to identify money trails \u2013 a news source reported. Bonds","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/prize-bonds-to-be-converted-into-registered-instruments.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/prize-bonds-to-be-converted-into-registered-instruments.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/prize-bonds-to-be-converted-into-registered-instruments.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2019\/02\/Prize-Bond.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2019\/02\/Prize-Bond.jpg","width":600,"height":350},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/prize-bonds-to-be-converted-into-registered-instruments.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"Prize bonds to be converted into registered instruments"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/ff469695c0914ef3147ebd56e5d61b7e","name":"Manik Aftab","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/182ee2504481c87ee62582d23334157d5fcfb09a5714b3d12ddf1bd824e9907a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/182ee2504481c87ee62582d23334157d5fcfb09a5714b3d12ddf1bd824e9907a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/182ee2504481c87ee62582d23334157d5fcfb09a5714b3d12ddf1bd824e9907a?s=96&d=mm&r=g","caption":"Manik Aftab"},"description":"Manik Aftab is a Content Developer at Zameen.com","sameAs":["atif_zameen_dev"],"url":"https:\/\/www.zameen.com\/news\/author\/manik"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/48993","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=48993"}],"version-history":[{"count":1,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/48993\/revisions"}],"predecessor-version":[{"id":49003,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/48993\/revisions\/49003"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/49002"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=48993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=48993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=48993"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=48993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}