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Home Breaking News

Withholding tax on 1000cc vehicles’ transfer rebuffed

byZafar Malik
06/08/2014
in Breaking News, Lahore, Latest News
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SIALKOT: The business community has urged the Punjab government to abolish the Rs 30000 withholding tax levied on the transfer of the 1000 CC vehicles, saying that this withholding tax has become unbearable.
They argued that earlier the ratio of this tax was Rs 4000 and now Punjab government has increased it to Rs 30000 which is unbearable.
The Markazi Anjuman Tajraan Sialkot President Haji Mehar Ghulam Mujtaba, general secretary Haji Ehsanul Haq Butt, Sialkot District Bar Association (DBA) President Shahid Mir Advocate, Citizens’ Rights protection Forum Sialkot Chairman Dr. Muneer Butt, Markazi Anjuman Saarifeen Sialkot Chairman Khawaja Tariq Butt and Thinkers’ Forum Daska Chairman Muhammad Jameel Khanna have expressed grave concerns over the said situation, demanding immediate abolition of this heavy and unbearable withholding tax in the larger interest of public.

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