Published On: Sat, Dec 21st, 2013
Published in Category: Islamabad

FBR issues SRO for whitening black money:

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ISLAMABAD: Federal Board of Revenue (FBR) has issued Statutory Regulatory Order (SRO) of special package for those intend to invest in connection with Prime Minister’s scheme to whiten black money. According to private TV channel on Friday, it is stated that FBR would not enquire about sources of income from investors. The special package would be implemented on investment of industry, construction and live stock departments. The Prime Minister scheme would be implemented from January 01, 2014. It has been mentioned that production of business till June 2016 is mandatory to take benefit from the said scheme. Notification has been issued in this regard.
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