Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

Traders sceptical of tax amnesty scheme in Gujranwala division

bySaleem Awan SheikhuandZafar Malik
15/02/2016
in Latest News, National
Share on FacebookShare on Twitter

You might also like

Gold price jumps Rs5,700 per tola

22/08/2026

PVARA completes Pakistan’s Virtual Asset Framework, opens licensing portal

22/08/2026

SIALKOT: The officials of the Regional Tax Directorates in Sialkot and Gujranwala allegedly remained unsuccessful to persuade the local non-filers to take benefit of the tax amnesty scheme, which was recently launched by the Federal Board of Revenue (FBR) for expanding the tax net and bringing maximum people under the tax net.
The senior tax lawyers said that they do not expect that both the Regional Tax Directorates in Sialkot and Gujranwala would achieve the official target.
The FBR had given official target of bringing 32,000 people under tax net to the Regional Tax Directorate Sialkot (comprising Sialkot, Narowal and Gujrat districts) and a target of bringing 35,000 under tax net to the Regional Tax Directorate Gujranwala (comprising Gujranwala, Mandi Bahaud Din and Hafizabad districts). The officials had been directed to develop strong contacts with 500 social, business and trade organizations, including Sialkot Chamber of Commerce and Industry (SCCI) in this regard.
The FBR teams have yet contacted as many as 300 business, trade and social organizations in Gujranwala Division.
The senior FBR officials added that the FBR’s field teams are not getting the desired response from the local traders, saying that the traders have raised their reservations about the tax amnesty scheme.
The traders were of the view that this Tax Amnesty Scheme has been made limited only to the shopkeepers , as only the shopkeepers could benefit through this scheme, while, the traders, industrialists and other businessmen could not benefit through this scheme. They said that the beneficiaries of Tax Amnesty Scheme would be responsible to pay their taxes for four consecutive years besides, giving the complete details of their businesses to the FBR, as they would also become under the tax net permanently.
The senior tax lawyers said that the people are only asking about the details of the Tax Amnesty Scheme but not ready yet to take any benefit through this scheme here.

Related Stories

Gold price jumps Rs5,700 per tola

byCT Report
22/08/2026

KARACHI: Gold prices surged in both international and domestic markets, with the price of gold rising by $57 per ounce...

PVARA completes Pakistan’s Virtual Asset Framework, opens licensing portal

byCT Report
22/08/2026

ISLAMABAD: Pakistan’s Virtual Assets Regulatory Authority (PVARA) has opened its licensing portal for virtual asset service providers. The move completes...

KP approves Digital Payment Act to promote cashless economy

byCT Report
22/08/2026

PESHAWAR: The Khyber Pakhtunkhwa government has approved the Khyber Pakhtunkhwa Promotion of Digital Payment Act 2026, aiming to promote digital...

Aurangzeb, SRF delegation, discuss investment opportunities, economic cooperation

byCT Report
22/08/2026

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb held a meeting with a high-level delegation of the Silk...

Next Post

Hyderabad Customs collects Rs 6.89b tax in first 7 months

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.