PKR 17 billion turned white through tax amnesty scheme

Islamabad: Through the tax amnesty scheme, an amount of PKR 17 billion has been turned white between December 7, 2016 and February 10, 2017, according to the stats shared by the Federal Board of Revenue.

Reportedly, 20,161 property transactions were carried out in 65 days and 3% tax was paid on the difference between DC rate and the FBR rate of property. The board has collected tax revenue of PKR 520 million from this scheme.

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