federal excise duty

There is also a proposal to gradually increase excise duty on luxury items produced in Pakistan

KCCI president requested the FBR to extend date in larger interest of the revenue board and business community

Considers further reducing general sales tax of 3% to either 2% or 1%

FBR misses target by Rs14b, faces daunting task of collecting Rs5.5tr in FY20

Insists the levy will assist in documentation of the industry

The government has not only increased the cost of living, but it has also increased the cost of surviving

BMG chief believes it will lead to industry’s closure, cause unemployment