ISLAMABAD: The Federal Board of Revenue (FBR) has started discussions on impacts of legal provisions presented in the budget for FY 2014-15.
Government introduces legal provisions in the federal budget to facilitate FBR to meet the revenue collection target every year and then a process of review of impacts of legal provisions also continues throughout the year.
A meeting in this regard was held to discuss and assess the possible impacts of legal provisions regarding tax, income tax and customs duty collection.
Sources said that field officers hailed from twin cities Islamabad and Rawalpindi along with other relevant staff participated in the meeting. The participants of the meeting shared their experiences as well as feedback from tax payers about legal provisions.
Sources further disclosed that such meetings to review the impacts of legal provisions will also be held in other regional headquarters in coming days with revenue collectors to prepare future proposals for facilitating the tax payers.
Gwadar receives first diverted transhipment cargo of May amid Hormuz disruption
GWADAR: Pakistan’s Gwadar Port handled its first diverted international cargo shipment for May on Monday, as regional maritime disruptions linked...
