{"id":54331,"date":"2019-08-09T10:00:58","date_gmt":"2019-08-09T05:00:58","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=54331"},"modified":"2019-08-08T16:57:57","modified_gmt":"2019-08-08T11:57:57","slug":"fbr-seeks-report-amnesty-scheme-beneficiaries","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-seeks-report-amnesty-scheme-beneficiaries.html","title":{"rendered":"FBR seeks report on amnesty scheme beneficiaries"},"content":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) has directed the departments concerned to provide detailed reports on individuals who have availed the amnesty scheme, a news source reported. The taxation authority has sought details regarding the cases recently closed following the recovery of taxes and awarding penalties, along with those cases sent for filing of references.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/fbr-records-undisclosed-property-transactions-worth-pkr-350-bn.html\" target=\"_blank\" rel=\"noopener noreferrer\">FBR notifies undisclosed property transactions worth PKR 350 bn<\/a><\/p>\n<p>Commissioner Inland Revenue for <em>Benami<\/em> Zone II Lahore Khalid Khan recently submitted a report on five benami cases under investigation, along with closed cases, to the FBR Headquarters.<\/p>\n<p>Previously, the government had introduced an amnesty scheme for the public; allowing them to declare their assets and accounts by June 30, 2019 \u2013 at a tax rate between 1.5% and 4%. Following an encouraging response, the executive decided <a href=\"https:\/\/www.zameen.com\/news\/fbr-extends-deadline-file-income-tax-returns.html\" target=\"_blank\" rel=\"noopener noreferrer\">extended the facility<\/a> till July 3.<\/p>\n<p>The FBR\u2019s initial estimates revealed that around 90,000 non-active taxpayers availed the amnesty provision. The taxation authority said that most of these people belonged to the middle and upper-middle income groups. It also stated that out of the total assets whitened, about 80% were domestic and 20% foreign.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/fbr-plans-to-raise-number-of-taxpayers-to-3-5-mn-in-5-years.html\" target=\"_blank\" rel=\"noopener noreferrer\">FBR plans to raise number of taxpayers to 3.5 mn in 5 years<\/a><\/p>\n<p>Moreover, the federal institution announced that the number of individuals placed on its Active Taxpayers List (ATL) recently exceeded the two million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) has directed the departments concerned to provide detailed reports on individuals who have availed the amnesty scheme, a news source reported. The taxation authority has sought details regarding the cases recently closed following the recovery of taxes and awarding penalties, along with those cases sent for filing of references. Read:\u00a0FBR notifies undisclosed property transactions worth PKR 350 bn Commissioner Inland Revenue for Benami Zone II Lahore Khalid Khan recently submitted a report on five benami cases under investigation, along with closed cases, to the FBR Headquarters. Previously, the government had introduced an amnesty scheme for the public; allowing them to declare their assets and accounts by June 30, 2019 \u2013 at a tax rate between 1.5% and 4%. Following an encouraging response, the executive decided extended the facility till July 3. The FBR\u2019s initial estimates revealed that around 90,000 non-active taxpayers availed the amnesty provision. The taxation authority said that most of these people belonged to the middle and upper-middle income groups. It also stated that out of the total assets whitened, about 80% were domestic and 20% foreign. Read:\u00a0FBR plans to raise number of taxpayers to 3.5 mn in 5 years Moreover,&hellip;<\/p>\n","protected":false},"author":68,"featured_media":22258,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[12560],"persona":[],"class_list":{"0":"post-54331","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-details-on-fbr-seeks-report-on-amnesty-scheme-beneficiaries"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FBR seeks report on amnesty scheme beneficiaries - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Federal Board of Revenue (FBR) has directed the departments concerned to provide detailed reports on individuals who have availed the\" \/>\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\/fbr-seeks-report-amnesty-scheme-beneficiaries.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR seeks report on amnesty scheme beneficiaries - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Federal Board of Revenue (FBR) has directed the departments concerned to provide detailed reports on individuals who have availed the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-seeks-report-amnesty-scheme-beneficiaries.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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