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ISLAMABAD:The Federation of Pak
adidas originals multix istan Chambers of Commerce and
nikeaire Industry (FPCCI) has termed the existing 17% sales tax too high and has r
air force one femme ecommended the government to lower it to at least 15% in the upcoming budget.In its recommendations to the government ahead of the budget for fiscal year 2018-19, the apex trade body has called for bringing down the standard sales tax rate, by either imposing a non-adjustable and non-refundable 7% sales tax at the single stage except for the high tax-earning sectors for the government, or reducing the standard rate to 15% in Value Added Tax (VAT) mode and then gradually cutting it further the following years. Prevailing rate of sales tax at 17% in Pakistan is too high as compared to other countries in the region 鈥?17% sales tax rate and its procedure is the mother of several ills. Its higher rate stands in the way of its full collection. Being a consumption tax, it directly impacts inflation, promotes smuggling, encourages massive tax evasion and corr Rlig Lahore ready to host Peshawar Quetta eliminator
KA
jordan bajas RACHI:Several villages along Sindh rsquo s coastal belt have submerged in rainwater after continuous downpour of monsoon season. Villagers
chunky dunk complain about severe short
stan smith scratch age of food and outbreak of waterborne diseases.
