*ISLAMABAD – **Federal government is all set to launch new ordinance over’Benami Properties’.*
*Federal Board of Revenue (FBR) chairman Shabbar Zaidi has said that thegovernment has prepared an ordinance against benami [undisclosed]properties ‘without making any major amendment’ in the legislation.*
Shabbar Zaidi announced that the ordinance against benami properties hasbeen prepared, however, there would be no major amendment in the law but toexpedite legal actions.
The chairman said that the economic officials are engaged in dialogues withthe ‘technical team’ link ofthe International Monetary Fund (IMF) arrived in Pakistan.
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*IMF technical team had* arrived in Pakistan to hold dialogues with theeconomic officials for the payment of the next tranche of $6 billion underthe extended loan programme.
