Amnesty schemes
Tax amnesty schemes have been extremely popular with our finance ministers - irrespective of whether they operated within civilian or military dispensations and irrespective of whether they were qualified economists…
Tax amnesty schemes as introduced by Tax Laws (Amendment) Bill, 2012
Prelude: The Senate Standing Committee on Finance on January 05, 2013 cleared "Tax Laws (Amendment) Bill, 2012" aimed at bringing 3.1 million potential individuals into the tax net with a…
How about a ‘Startup Amnesty’?—I
I know, it may sound strange to even suggest an amnesty to whiten the black money. The tax evaders should rather be dealt with an iron fist without exception. If…
Fine points about new amnesty scheme
Having failed to honour his word and bring back all the wealth looted from the country and stashed in foreign accounts, perhaps PM Imran Khan has found a novel way…
How about a ‘Startup Amnesty’?—II
Startup amnesty policy needs to be simple and easy: invest in Startups and get away with questions on money trail, sources of income and so on. As simple as that.…
Amnesty scheme humdrum
Amnesty schemes have been generally unsuccessful in Pakistan. Frequent announcement of such schemes has set a predictable pattern when the next scheme would be offered; the proposed new scheme is…
Real estate amnesty: elite capture?
Imran Khan-led government in quest of arresting hoarding of commodities like wheat and sugar is turning a blind eye to land hoarding culture. After the launch of construction amnesty scheme,…
Amnesty scheme: why it should be availed?
This writer has written numerous articles in the last two years on the matter of undisclosed foreign assets of Pakistani citizens. Now an Act to this effect has been passed…
PML-N government’s fourth amnesty scheme
The fourth amnesty scheme during the incumbent PML-N administration was announced as a one-off by Prime Minister Shahid Khaqan Abbasi on Thursday, flanked by his Special Advisor on Finance, Revenue…
Another amnesty
In 1958, Field Marshal Ayub Khan, Pakistan’s first martial law ruler, announced the country’s first tax amnesty scheme. Pakistan’s first martial law ruler managed to bring 71,289 people into the…
