Pakistan unveils new schemes for those who don’t pay taxes


Pakistan has unveiled a new scheme for those who don’t pay taxes, urging people to declare their assets and pay a 4% tax on them before June 30 to avoid arrest and confiscation.

Abdul Hafeez Shaikh, an economic adviser to the government, said Tuesday the motive behind the measure is to make those people who have not disclosed their assets part of the legal economy.

Shaikh said Pakistanis who have money in foreign banks can also benefit from the arrangement but they will have to keep their money in Pakistani banks.

In the past, Pakistan announced similar schemes, but they mostly failed to attract non-tax payers who complain that authorities harass them.

The latest measure comes days after Islamabad reached a preliminary agreement with the IMF for a $6 billion bailout.

Thanks for reading via the most updated news portal

Share your story with us

Advertise With Us

Call Us:+234(0)9073726403
Get us on Whatsapp: +234(0)8181166425
Email Us:



Good  journalism costs a lot of money.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble Endeavor.

By contributing to LeakBlast, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Support LeakBlast


Please enter your comment!
Please enter your name here