Overview
- FBR issued a draft amendment requiring Grades 17–22 to declare assets that would be publicly viewable from joining date to present.
- The draft broadens coverage by replacing “civil” with “public” servant to include federal and provincial officers, autonomous bodies, and state-owned corporations.
- Individuals covered by the National Accountability Bureau Ordinance, 1999, are excluded from the proposed definition.
- The measure is framed under Section 237 of the Income Tax Ordinance, 2001, and the FBR has given stakeholders seven days to submit comments, with late submissions not considered.
- Separately reported by sources, Pakistan and the IMF have discussed tighter vehicle import rules, including potential bans under baggage and transfer-of-residence schemes, with a short deadline to revise policy.