KARACHI: The Federal Board of Revenue (FBR) has completed preparations to act against tax defaulters.
It has been suggested to double withholding tax on utility bills of tax defaulters and non-registered businesses. Another suggestion was to increase tax from 0.3 percent to 0.5 percent. Tax defaulters will have to pay 2 percent special excise duty on real estate, 17 percent on textile products, 1 to 2 percent on imports and local productions. Tax will be increased for associations, individual businessmen and those who did not pay tax under the head of investment.
ICCI delegation calls on Minister for State on Interior
ISLAMABAD: Sardar Tahir Mehmood, called on Minister of State for Interior Talal Chaudhry and discussed the sealing of commercial plazas...
