KARACHI: The Karachi Tax Bar Association (KTBA) has written a letter to FBR Chairman Tariq Bajwa regarding 34 percent tax rate for companies in e-filing portal.
According to law, banks are supposed to pay 35 percent tax. Karachi Tax Bar Association President Waseem Hashmi has requested the FBR chairman to resolve the issue as soon as possible. The Karachi Tax Bar Association has once again raised the matter related to income tax returns collected by individuals and companies and asked the FBR to take measures for this purpose. Hashmi said taxpayers were facing difficulties in selecting tax returns in IRIS and deadline for filing of tax returns was approaching.
