The Federal Board of Revenue (FBR) team headed by the chairman is travelling to various cities to visit chambers and tax bars for promoting the tax amnesty scheme. The government has announced two tax amnesty schemes, namely Voluntary Declaration of Domestic Assets Act, 2018 for undisclosed income and domestic assets and Foreign Assets (Declaration and Repatriation) Act, 2018 for undisclosed foreign assets, said a press release issued here on Thursday.

The FBR has undertaken a widespread advertisement campaign on print and electronic media and sent emails to taxpayers. The FBR has also set up helplines which operate 24/4 with dedicated telephone lines and emails for quickly responding to queries of declarants and intermediaries.-PR

Copyright Business Recorder, 2018