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.
FBR fails to recover Rs5.62b in taxes from 106 taxpayers
LAHORE: The Federal Board of Revenue has failed to recover Rs5.62 billion in taxes from 106 taxpayers across 14 field...
