ISLAMABAD: The Federal Board of Revenue (FBR) on Wednesday dashed hopes of any success in recovering the money stashed by Pakistanis in Swiss accounts. Shahid Hussain Asad, Member, Inland Revenue (Policy), FBR, in a testimony before the Senate Standing Committee on Finance and Revenue stated that it was easy to grab headlines, but practically it was not so easy. The committee, led by Senator Salim H Mandviwala of Pakistan People’s Party (PPP), is reviewing proposals for the federal budget 2015-16. Responding to questions, Mr Asad said the US...
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