*ISLAMABAD: The Federal Board of Revenue on Wednesday announced that Rs70bnrevenue was collected through ‘Asset Declaration Scheme’.*
A FBR spokesperson told the journalists that a total 110,000 people hadtaken benefit from the tax amnesty scheme and added that over 25,000 peoplewere in pipeline.
Last year, 84,000 people had availed the scheme and over Rs 124bn revenuehad been collected, said that spokesperson.
It is pertinent to mention here that deadline to declare assets underAssets Declaration Scheme through a presidential ordinance will end today(Wednesday).
Earlier in the day, Chairman Federal Board of Revenue (FBR) Shabbar Zaidihad said that one lac five thousand people had benefited from the scheme.
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He had expressed hope that the government would be able to collect taxworth Rs45 billion through the asset declaration scheme, adding that salestax registration can be done online from now on.
The scheme which was supposed to close on July 1 was extended for threemore days with an aim to benefit more people.
