KARACHI: The Federal Board of Revenue (FBR) has asked all traders and industrialists associations to submit their proposals for the upcoming fiscal budget in order to improve tax laws.
Sources told Customs Today that the FBR has asked all chambers, associations, trader community and investors to submit their recommendations in order to improve the tax system and prevent tax evasions. Sources said that the main objective of these proposals is to remove flaws in tax system and expand tax net.
FBR has advised the business community to submit their proposals till 02 March 2016.
FBR to launch faceless tax audit system
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