Amnesty scheme being clarified through rules today

The rules and forms for the Asset Declaration Scheme 2019 will be made public today (17th May’19) in order to make the amnesty scheme operational. The SBP will also issue a circular for making payments under the amnesty scheme. However, tax experts have pointed out some major flaws in law for the Amnesty Scheme that cannot be rectified just with issuance of rules only.

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