On the occasion, Chairman Federal Board of Revenue (FBR), Shabbar Zaidi gave a presentation about the budget proposals for the 2019-2020 and proposed various steps to expand the tax base
and increase revenues, said a press statement issued by the Financce Ministry here.
On the occasion, Chairman FBR, Shabbar Zaidi gave a presentation about the budget proposals for the 2019-2020 and proposed various steps to expand the tax base
and increase revenues, said a press statement issued by the Finance Ministry here.
He proposed various steps to expand the tax base
as well as increase revenue of the country.
Abdul Hafeez Shaikh has directed Federal Board of Revenue to make tax collection process easier and initiate measures to broadening the tax base
A consultative meeting between the Traders Associations and Federal Board of Revenue (FBR) representatives was held in the Broadening Tax Base
Zone (BTB), Islamabad to find ways of broadening the tax base
The development, which shows a lopsided tax base
, is also an indication that the long four-year tax reforms and campaign have less impact in the remaining 35 states given the huge untapped potential.
The President said targeting the super rich would widen KRA's tax net by widening the current tax base
For calculating the council tax base
, the numbers are recalculated into a 'common base' of band D equivalents.
ISLAMABAD -- The government's drive to broaden the tax base
by hooking big fish may fail to yield results as it has issued nearly 340 notices to potential dodgers without doing proper profiling of cases and without empowering the relevant directorate.
The meeting unanimously rejected the decision to allow non-filers to buy property and vehicles as it would defeat the prime objective of broadening the tax base
and on the contrary incentivize the filers to become non-filers so that they may not be required to go through the hassle of audit and cumbersome process of filling of income tax returns.
Islamabad -- The Broadening of Tax Base
(BTB) Zone Islamabad conducted an awareness seminar at the Islamabad High Court Bar Association today to create awareness and understanding about the filing of tax returns and fulfilling tax obligation as a national duty.
So far, efforts to enhance the rate margins have not paved the way for the enhancement of the tax base
. As a result, those who were not paying or paying less are still enjoying exemptions or concessions while regular taxpayers are being pressed harder.