Assets Declaration Scheme Should Be Made Effective: Hafeez

Assets Declaration Scheme should be made effective:  Hafeez

The Adviser to Prime Minister on Finance, Revenue and Economic Affairs, Dr. Abdul Hafeez Shaikh has directed FBR to modify and refine the asset declaration scheme by making it more attractive and persuasive so as maximum people, who are currently outside the formal economy, are able to become a part of it

Islamabad (Pakistan Point News / Online - 23rd April, 2019) ; The Adviser to Prime Minister on Finance, Revenue and Economic Affairs, Dr. Abdul Hafeez Shaikh has directed FBR to modify and refine the asset declaration scheme by making it more attractive and persuasive so as maximum people, who are currently outside the formal economy, are able to become a part of it.He was chairing a meeting here on Tuesday, which deliberated upon various aspects of the scheme and emphasized the need to make it more simple and implementable.

The participants gave their inputs and suggested that since the focus of proposed scheme is on documentation of economy, it should be designed to clearly reflect that objective.He said that FBR should devise a successful communication strategy enabling the people to easily comprehend the contours of the scheme.Islamabad (Pakistan Point news / Online - 23rd April, 2019) t may be recalled that the Federal Cabinet had directed FBR to carry out consultations with experts of various sectors to make the scheme more inclusive and to reduce its complicationThe meeting was also attended by Adviser to Prime Minister on Commerce, Textile, Islamabad (Pakistan Point News / Online - 23rd April, 2019) ndustry & Production and Islamabad (Pakistan Point News / Online - 23rd April, 2019) nvestment, Abdul Razak Dawood, Adviser on Islamabad (Pakistan Point News / Online - 23rd April, 2019) nstitutional Reforms and Austerity, Dr.

Islamabad (Pakistan Point News / Online - 23rd April, 2019) shrat Hussain, Minister of State for Revenue, Muhammad Hammad Azhar, Chairman, FBR and experts of business, accounting and banking sectors.