Declarants of foreign liquid assets: Law spells out what is mandatory

The Assets Declaration Ordinance 2019 has made it mandatory for the declarant of foreign liquid assets that repatriated foreign liquid asset is deposited into his own Pak rupee account or his foreign currency bank account in Pakistan or is invested into Pakistan Banao Certificates or any foreign currency-denominated bonds issued by the federal govt.

Leave a Reply

Your email address will not be published.