LAHORE: Prime Minister’s tax incentive package has attracted majority of unregistered owners of marriage halls and caterers in the metropolis who have shown willingness to avail tax incentive package offered till February 28.
the Marriage Hall Association and the Caterers Association assurance to the authorities of Regional Tax Office-II (RTO), which has convinced various potential sectors to avail the PM’s tax incentive package.
As per details, a meeting was held with the representatives of Marriage Halls Association and the Caterers Association, Inland Revenue Commissioner Asim Ahmad and IR RTO-II Additional Commissioner Naureen Yaqoob along with Mian Ilyas, President and Nasir Javed General Secretary Marriage Halls Association, Lahore and Malik Jamil General Secretary, Party Decorators & Caterers Association were present. The IR Commissioner apprised them about the Prime Minister’s Tax Incentive Scheme. He briefed the representatives of the association that the scheme was announced to encourage the non-compliant taxpayers. He said that the scheme provides immunity from audit, additional tax and penalty to both dormant and new taxpayers. Those who are NTN holders and have not filed their return for last five years can enjoy the facility by paying just Rs20,000 for each year. The new taxpayers can enjoy this facility for five years by paying just Rs25,000 for each year before February 28, 2014. A list of enrolled non filers and unregistered, operative marriage halls was also handed over to the representatives. On the occasion, representatives of the association assured their full cooperation and commitment to motivate the members for taking strong advantage of the PM’s scheme.