15May
FBR advised making declaration of fund source mandatory for foreign remittances
FBR advised making declaration of fund source mandatory for foreign remittances Federal Board of Revenue (FBR) has been advised to make it mandatory the declaration of source of funds for foreign remittances. Association of Chartered Certified Accountants (ACCA) in its tax proposals for budget 2019/2020 recommended changes to Section 111(4) of Income Tax Ordinance, 2001
