PM Imran Khan urges citizens to declare assets by June 30
"Pakistan is the country that gives the least tax in the world but gives the most charity."
ISLAMABAD (Dunya News) – Prime Minister (PM) Imran Khan on Monday, in his address to the nation, urged citizens to declare their assets by June 30 and warned that that after this time they shall not be able to avail this opportunity.
In his special address, ahead of the federal budget for the next fiscal year 2019-20, PM Khan said: "My Pakistanis, in the past ten years Pakistan’s debt increased from Rs6,000 billion to Rs30,000 billion."
The premier urged the general public to declare their ‘benami’ assets and accounts under this scheme by June 30.
"I am appealing to all of you to take part in the asset declaration scheme, because if we don’t pay taxes, we will not be able to uplift the country," he said, adding, "We will need to change ourselves if we want to become a great country."
“You have until June 30 to declare your benami assets, benami bank accounts and money that is kept abroad.”
He stated that the incumbent government has such information [about benami accounts and assets] which no previous governments had.
"We have the information about who has benami accounts and benami properties," the premier said, adding that: "This was never available to us before therefore take advantage of this scheme. Give Pakistan the benefit. Fix your children’s future. Give us the chance that we get this country to stand on its own two feet and take people out of poverty."
"Take full advantage of this scheme," he said.
“We have signed agreements with different countries on the matter. Half of the tax collected from the public is spent on paying the installment of the [total] debt,” he added.
"This country cannot cover its expenses on the money that is left behind," he added.
"Pakistan is the country that unfortunately gives the least tax but gives the most charity in the world."
"This is the country that has the capability and if passion comes in, we can at the very least gather Rs10,000 billion every year," he concluded.
