ISLAMABAD: The Federal Board of Income (FBR), Tuesday made it obligatory for outgoing worldwide passengers to declare overseas foreign money of US$5,000 or above on the time of departure on the airports.

By means of an SRO1864 (I)/2022 issued on Tuesday, the FBR has additionally made it obligatory for incoming passengers to declare overseas foreign money exceeding US $ 10,000 or equal.

Beneath the amended baggage guidelines, the individuals travelling to Afghanistan, whereas having entitlement of US$1,000, shall file a declaration of foreign money of their possession.

The FBR has issued SRO 1864(I)/2022 to amend the Baggage Guidelines, 2006, right here on Tuesday.

In line with the revised baggage guidelines, the outbound passenger, for all international locations besides Afghanistan, with out prejudice to his entitlement of taking out of Pakistan 1,000 US $ as much as the age of 5 years, 5,000 US $ above 5 years as much as 18 years, and 10,000 US $ above the age of 18 years, whereas taking out of Pakistan overseas foreign money exceeding US $ 5,000 or equal, or some other prohibited or restricted merchandise, shall file a declaration within the Kind as set out in Appendix-C, earlier than or on departure, electronically within the WeBOC or go monitor or manually on the airport.

The individuals travelling to Afghanistan, whereas having entitlement of 1,000 US $, shall file a declaration of foreign money of their possession, within the Kind as set out in Appendix-C.

Incoming worldwide passengers: No new foreign money declaration regime launched: FBR

The incoming passenger when in possession of overseas foreign money exceeding US $ 10,000 or equal, or some other prohibited or restricted merchandise, shall additionally file a declaration within the Kind as set out in Appendix-C, it added.

The declaration requested the passengers to declare are you carrying any of the next items: Prohibited or restricted items similar to arms and ammunitions, narcotics, psychotropic substances or satellite tv for pc telephones, and many others; gold and treasured metals, jewelry, treasured or semi-precious stones.

International foreign money in US $/Bearer Negotiable Instrument or equal: For outbound passengers to all international locations besides Afghanistan, taking out quantity exceeding US $ 5,000 or equal; for passengers travelling to Afghanistan, taking out money foreign currency US $ or equal; and incoming passengers bringing into Pakistan quantity exceeding US $ 10,000 or equal, the declaration added.

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