No 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.

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