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FBR, PRA pushing industry to pay double tax

FBR, PRA pushing industry to pay double tax

FBR, PRA pushing industry to pay double taxDecember 07, 2020Lahore - The Friends of Business and Economic Reforms (FEBR) on Sunday called for harmonization between Federal Board of Revenue (FBR) and Punjab Revenue Authority (PRA) intending to avoid double taxation, as both tax collecting agencies have started sending...

Importers Call For Action Against Govt Directives’ Breach

Importers Call For Action Against Govt Directives’ Breach Our Special Correspondent LAHORE: The commercial and industrial importers have asked the Prime Minister to take action against those companies, which have continuously been violating the government advice and refusing the clear directions of various state agencies like FBR and EDB to relax detention and demurrage charges at least...

Noncompliance of govt orders by private terminal operators censured

1 FEBR asks for making procedure easier for obtaining loan from the banks for business concerns 2 Allowing all treasury payments like Income Tax, Sales Tax, Socialsecurity, Education Cess, EOBI and others to be deposited after theirdue dates 3 Extending all the existing loans in any shape taken from any bank byindividuals, retailers, SME may be rescheduled...

FEBR calls for industry-friendly taxation regime as new Ord supports only retailers

The Friends of Business and Economic Reforms (FEBR) President Kashif Anwar, while raising his serious concern over the newly-promulgated Presidential Ordinance, has called for industry-friendly taxation regime, as this Ordinance provides relief to the retailers and distributors only, imposing more restrictions on manufacturers, which is the actual base of economic growth of any country. In a...