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Monday, January 30, 2023
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HomeBusinessFBR's puts new restrictions for passengers due to dollars shortage

FBR’s puts new restrictions for passengers due to dollars shortage

Due to the lack of dollars in the country more than $30,000 a year has been banned from being taken abroad. Those going to Afghanistan will not be allowed even $30,000 annually.

According to the notification of the Federal Board of Revenue (FBR) people aged 18 years and above could carry up to $5,000 per foreign visit while those aged 18 years or younger could carry up to $2,000 for foreign visits.

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The notification has further stated that people aged 18 years or younger will be allowed to carry $15,000 annually while those aged 18 years and older can carry $30,000 annually.

FBR also said in its notification that people going to Afghanistan could carry $1,000 on a visit and those going to Afghanistan will not be able to carry more than $6,000 annually.

According to the notification people going abroad will have to give a declaration on bringing gold, jewellery or precious metal while people coming from abroad will have to give a declaration on bringing $10,000 or more.

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