FBR, NADRA launches new initiative for online assets inquiry

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FBR, NADRA launches new initiative for online assets inquiry

ISLAMABAD – Federal Board of Revenue (FBR) chairman Shabbar Zaidi and State Minister Hammad Azhar on Friday has announced that National Database & Registration Authority (NADRA) has introduced an online application for the inquiry of assets.

Addressing the press conference in Islamabad, both leaders said that the application will not allow anyone to have access on the data of other person.

Earlier, Advisor to the Prime Minister on Finance, Revenue and Economic Affairs Dr Abdul Hafeez Shaikh laid the Assets Declaration Ordinance 2019 in the National as required by clause (2) of Article 89 of the Constitution of the Islamic Republic of Pakistan.

The Ordinance aims to provide for voluntary declaration of undisclosed assets, sales and expenditures. The board reiterated that the closing date for assets declaration scheme is 30th June, 2019.

It was advised to the persons intending to avail this scheme to ensure that the following reliable data relating to undeclared and undisclosed assets and expenditure should be shared with FBR: