ISLAMABAD: The second round of talks between FBR authorities and traders ended without reaching any conclusion.
According to details, the traders demanded that under section 40 of Sales Tax Act 1990, raids on shops, business centers and business points must be stopped immediately. They said that these kind of measures creates negative impact on traders community..
During the meeting, traders showed satisfaction on the new income tax form and said that it will make tax payment system more simplified.
While on the other hand, the committee meeting for sales tax was also held in which Inland Revenue member Ashraf Khan assured the traders that their reservations will be addressed soon.
