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Government to Introduce Limited Tax Amnesty to Boost Compliance

Summary by The Vaultz News
The government is formulating new regulations to introduce a “limited tax amnesty” targeting non-resident defaulting taxpayers and some domestic individual defaulters. This initiative is intended to provide these defaulters with an opportunity to clear their outstanding tax obligations without incurring penalties and additional charges. The measure is part of the government’s broader effort to enhance tax compliance and will eventually be expand…
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The Vaultz News broke the news in on Monday, March 24, 2025.
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