The Pakistan Information Commission (PIC) has directed the Federal Board of Revenue’s chairman to provide information about the individuals and companies who reaped benefits from the amnesty scheme given during the tenure of former premier Nawaz Sharif. The appellant stated that he had submitted information requests to the FBR chairman on March 5, 2018. He added that the introduction of any tax amnesty scheme for tax evaders was “nothing but the height of immorality fully sponsored by the state”. The government, instead of entertaining any such scheme, should seriously consider introducing an “asset-seizure scheme to confiscate undeclared and untaxed assets created from black money,” he contended and stressed the need for laws to bring back “looted money from tax cheaters”. However, the tax authority rejected the request of the applicant due to prohibition under section 216 of the Ordinance, 2021.

Source: The Express Tribune May 23, 2022 22:35 UTC