No tax imposed on edible items including flour: Chairman FBR

Government of PakistanNo tax imposed on edible items including flour: Chairman FBR

ISLAMABAD, Pakistan: The Chairman Federal Board of Revenue (FBR) Shabbar Zaidi has emphatically stated that no tax has been imposed on edible items including the flour.

While addressing a news conference in Islamabad on Friday, Shabbar Zaidi said that our target is to broaden the tax net; however, we will not take any decision that hurts our industry or trade.

The Chairman FBR regretted that the ratio of those paying sales tax is very low.

Shabbar Zaidi further said that detailed negotiations have been held with the businessmen and the traders to address their concerns. He added that there is no deadlock in negotiations.

Shabbar Zaidi expressed satisfaction that the textile sector is on the path of development and it will be facilitated. He said that we are ready to bring a fixed tax scheme for the small retailers.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

Gold Price in Pakistan Today – 23 August 2024

0
On Friday (August 23, 2024), the gold rate for one tola of 24-karat in Karachi, Pakistan, is Rs 262,200.000.It's important to note that gold...

The role of the British Government and House of Goldsmith in Pakistani politics

0
Islamabad, Pakistan: The former prime minister Imran Khan who was voted out from office in April 2022 is getting exceptional space in Western media,...

Students delegation from Harvard Business School meets Army Chief General Asim Munir

0
RAWALPINDI, Pakistan: A delegation of 44 students from Harvard Business School (HBS) Trek-2024, representing nine different countries, met the Chief of Army Staff (COAS)...

PM Shahbaz expresses strong desire to revive Pakistan-Germany partnership

0
ISLAMABAD, Pakistan: The German Federal Minister for Economic Cooperation and Development Svenja Schulze met Prime Minister Shahbaz Sharif at the Prime Minister's House in...

PM launches Buna-Raast Connectivity Project to streamline remittances from Arab world to Pakistan

0
ISLAMABAD, Pakistan: Prime Minister Shahbaz Sharif on Thursday launched Buna-Raast Connectivity Project in Islamabad to streamline remittances from the Arab world to Pakistan. The...
Advertisement