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The Ministry of Finance assures all applicants making declarations under the Tax Amnesty Scheme that the information provided by them shall remain strictly confidential and the guarantees provided under the scheme shall be abided in letter and spirit.
The ministry reiterates that leakage of information by anyone about declarants/declarations under the scheme is punishable, on conviction, by a fine not less than Rs 500,000 but not exceeding Rs 1 million or imprisonment for a term not exceeding one year or with both.-PR

Copyright Business Recorder, 2018

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