fy18: FBR invites budget proposals
The FBR has invited budget proposals in a format
PHOTO: AFP
ISLAMABAD:
The Federal Board of Revenue (FBR) has formally initiated the process for formulation of proposals for the budget of upcoming financial year 2017-18. Like in the past, the FBR has invited proposals from different stakeholders including chambers of commerce and industry, bodies of trade and industry, provincial bodies and regulatory authorities, said official sources. The proposals sent by these bodies would be considered for incorporation in the upcoming Finance Bill. The board has advised all stakeholders to present their proposals by January 15, 2017 to ensure timely compilation and consideration for their incorporation in the bill. The FBR has invited budget proposals in a format, which should explain the financial impact of a proposal or an amendment that is to be incorporated in the existing law.
Published in The Express Tribune, January 5th, 2017.
The Federal Board of Revenue (FBR) has formally initiated the process for formulation of proposals for the budget of upcoming financial year 2017-18. Like in the past, the FBR has invited proposals from different stakeholders including chambers of commerce and industry, bodies of trade and industry, provincial bodies and regulatory authorities, said official sources. The proposals sent by these bodies would be considered for incorporation in the upcoming Finance Bill. The board has advised all stakeholders to present their proposals by January 15, 2017 to ensure timely compilation and consideration for their incorporation in the bill. The FBR has invited budget proposals in a format, which should explain the financial impact of a proposal or an amendment that is to be incorporated in the existing law.
Published in The Express Tribune, January 5th, 2017.