LAHORE: The government has decided to impose sales tax on retailers in coming Financial Year (FY) 2015-16. At least 90 percent SROs on industries will be skipped.
As per details, government has decided to impose sales tax on retailers in FY budget 2015-16.
90 percent SROs on industrial sector will be removed and SROs on petroleum and pharmaceutical remain constant and will not remove.
The decision is taken on FBR proposals sent to government. Source said that government wants to impose supper tax on corporate sector will be decided later on.
