ISLAMABAD: The government has prepared a historic package for Pakistanis abroad. The federal government has decided to give a historic package to Pakistanis abroad in the current circumstances and in this regard a concessional package will be given to remittances soon in the next financial year and National Remittance Loyalty Program will be introduced in September 2020.
The National Remittance Loyalty Program will be launched in partnership with banks. The government of Pakistan has decided to provide ration to the overcrowded Pakistanis in different countries to help them develop a strategy. Members of Tiger Force overseas will help Pakistanis by raising funds from celebrities.
It has decided to develop a joint strategy of ministries to provide ration to the trapped Pakistanis around the world. It has been decided to add Pakistanis abroad to the Tiger Force.
According to the Ministry of Finance, the withholding tax on remittances will be abolished from July 1, 2020, and this decision was taken to increase remittances in the budget for the next financial year. On the other hand, sources said that the FBR has started work on holding tax exemption, the finance bill will be amended in the budget for the next financial year.