ISLAMABAD: Prime Minister’s Adviser on Revenues Haroon Akhtar Khan said that the Federal Board of Revenue (FBR) is fully supporting the latest amnesty scheme, and it would be unfortunate if this scheme failed to get the desired results.
“With success of the amnesty scheme, we can generate $5 billion to $10 billion into national kitty thus overcoming challenge of managing the current account deficit and having no need to approach any international lenders for seeking another bailout package,” Haroon Akhtar said while talking to media after launching the Restaurant Information Management System (RIMS) here at FBR’s Headquarters.
He said that the amnesty scheme was fully compliant with the confidentiality clauses of the Organisation for Economic Cooperation and Development (OECD) and reminded that predicate offences like corruption money, drug and terror financing could not avail benefit from this scheme.
“If this scheme gets failed there could be two main reasons-one the negative propaganda done against it, and second Pakistanis did not have much money stashed into their foreign accounts,” he maintained.
Earlier, in his address, he said that the reforms were underway in the FBR without any interventions. He said that the use of technology would facilitate taxpayers, but it would also help identifying consumption pattern of under filers and non- filers.
“We have linked with Nadra, Civil Aviation Authority (CAA) and others to get information about consumption pattern, and if it found match, there would not be problem, but if got mismatched then polite notice would be issued for compliance,” he added.