ISLAMABAD: Federal cabinet has approved the amnesty scheme as Prime Minister Imran Khan is chairing the Federal Cabinet meeting today.
As per sources, people living in Pakistan can declare their assets after paying 4 percent tax. Those living outside the country will have to pay 6 percent tax and declare their assets.
The amnesty scheme will end on June 30, 2019, and there will be no extension.
The cabinet is also expected to be briefed on proposed measures to control prices of essential commodities amid rising inflation.
It is also expected to discuss the $6 billion bailout package agreed upon with the International Monetary Fund.
Furthermore, the cabinet is likely to approve a counselor policy for the assistance of imprisoned Pakistanis and appointment of judges in special courts of Karachi and Quetta, among other matters.
More Important decision yet to come after the federal cabinet meeting.
Source :
https://futurenews.tv/tax-amnesty-scheme-approved-by-federal-cabinet-sources/
Global News 
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