Stories from Irshad Ansari
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Sales tax on services: FBR, Sindh officials to meet on Aug 16
Authorities will try to resolve issue and will also discuss tax on telecom services.
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Cases to be filed against fake refund claimants
Bogus input adjustment increasing.
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Income tax: Filing of returns to be made mandatory
Kiosks will be set up at public places to help NTN holders file tax returns.
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Target missed: Tax collection close to Rs1,550b last fiscal year
Collects Rs38 billion less than the target of Rs1,588 billion.
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Tax collection: State Bank refuses to release figures
Wants revenue statistics to be reconciled with AGPR data.
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Government delays monetisation plan
Provinces input is awaited, plan may come into force in Sept.
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FBR approaches law division to settle row
Banks resist tax officials’ attempts to obtain details of account holders.
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FBR starts year with tax shortfall of Rs26b
Net collection stands at Rs84b against target of Rs110b.
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Machinery Import: Sales tax abolished for oil, gas sector
Government to abolish sales tax on the import of machinery that are used for exploration and production of oil and gas
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Bilateral trade: Govt considers more imports from India
Final decision after Economic Coordination Committee approval.