ISLAMABAD - The government seems indecisive whether to bring the tax amnesty scheme through presidential ordinance or act of parliament to whiten black money by paying certain amount of tax, it was learnt on Wednesday.Sources informed that some members of economic team of the government want to introduce tax amnesty scheme through presidential ordinance contrary to the Prime Minister’s proposal of bringing it in the parliament for approval. Prime Minister Raja Pervaiz Ahsraf had directed the Federal Board of Revenue (FBR) to bring the draft of amnesty schemes in the parliament for approval. The government failed to introduce the bill of Volunteer Investment Tax Scheme and Volunteer Registration Scheme in the National Assembly session that was prorogued on Tuesday. Therefore, sources added that government might introduce it through the presidential ordinance within ongoing month of October.Sources were of the view that period of tax amnesty scheme might also be changed, as it might start from November instead of October and ended on January 30 instead of December 31. The amnesty schemes would allow the rich to legalise their hidden assets after paying particular amount of tax and get themselves register as taxpayers in three months period. It is worth mentioning here that government had faced massive revenue shortfall of over Rs 30 billion during the first quarter (July-September) of the ongoing financial year 2012-13, therefore it is contemplating to introduce amnesty schemes to generate additional revenue. The government had planned to generate Rs 180 billion with amnesty schemes that would help the tax department to reach the annual tax collection target of Rs 2,381 billion within the current fiscal year.These two schemes would allow such rich to legalise their hidden assets after paying particular amount of tax and get themselves register as taxpayers. According to the plan, it has proposed that intending to avail amnesty schemes would be allowed to avail the Tax Registration and Investment Scheme (TRS) 2012, which shall be payable in three months of the ongoing financial year 2012-13. In the first month of the scheme, persons availing the scheme would pay Rs 40,000 tax; in second month Rs 50,000 and persons availing the scheme in third month of the scheme would pay Rs 60,000 tax. Similarly, it has been proposed in the schemes that in case, the scheme was availed in October; investment tax of one per cent would be paid for legalisation of assts. In November, 1.25 per cent and persons availing the scheme in December 2012 would have to pay 1.5 per cent tax.