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Home > Insights > Featured Insights > SUMMARY OF ASSETS DECLARATION ORDINANCE, 2019
  • SUMMARY OF ASSETS DECLARATION ORDINANCE, 2019
Article:

SUMMARY OF ASSETS DECLARATION ORDINANCE, 2019

17 May 2019

PARTICULARS

  1. Short title, extent and commencement
  2. Definitions
  3. Ordinance to override other laws
  4. Application
  5. Condition of declaration
  6. Value of assets
  7. Time for payment of tax
  8. Tax rates under this Ordinance
  9. Procedure for payment of tax on foreign assets or foreign currency
  10. Incorporation in book of account
  11. Confidentiality
  12. Declaration not admissible in evidence
  13. Removal of difficulty
  14. Misrepresentation

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