Indirect Taxes

Burden rises because of increase in share of indirect taxes to 85%

Seeks to impose taxes on ‘suspicious’ gifts transactions among relatives that increased to Rs170b last year

Revenue board collects Rs3.78tr in 10 months due to increased reliance on sales tax

Direct taxes amount to just 7% of total provincial tax receipts

The basic objective of the seminar was to create awareness about Islamic laws

Council of Islamic Ideology opines that in case of sales tax, labourers and landlords have to pay the same levy