Sales Tax

Move likely to exacerbate inflation as indirect tax disproportionately affects low-income groups

It leads to evasion of income tax, sales tax and federal excise duty

Supreme Court grants total sales tax amnesty to steel and ghee industries in former tribal areas until June 30, 2024

Rules put emphasis on location where service provider resides or place from where services are rendered

'The small businessmen of Pakistan cannot afford to pay the bills'

Rs300b to be collected through petroleum levy

FBR decides to impose an additional sales tax of 5% to 17% on electricity and gas on customers not registered in ATL

Official says sector has potential to earn $1b through exports

Also rejects budget proposal to arrest taxpayers on suspicion without warrants

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