Amnesty scheme provides carrot but lacks stick
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4 months ago

Amnesty scheme provides carrot but lacks stick

ISLAMABAD: With placement of the fresh amnesty scheme for whitening of offshore foreign and domestic assets, this amnesty provides carrot but lacks stick like all past and existing 10 amnesties introduced in Pakistan since 1958.Now tax experts as well as FBR officers argued in background discussions by proposing powers of search and seizures for tax officers just like on pattern of India where income tax officers are authorised to seize undeclared assets and money. The same powers should be introduced thr

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