2024-06-12 20:25:45
(Waqas Azim) Chairman FBR Muhammad Zubair Towana says that 75 billion rupees tax can be collected from the salaried class whereas 150 billion rupees can be collected from the non-salaried class.
Chairman FBR Muhammad Zubair Towana stated in a press convention that within the subsequent monetary 12 months FBR tax collections are being elevated by greater than 3800 billion rupees, taxes of 1800 billion rupees can be collected via coverage and enforcement. That the tax exemption of 400 to 450 billion rupees has been abolished, the tax exemption of 150 billion rupees has been abolished within the type of customs responsibility, the tax burden of 75 billion rupees has been positioned on the salaried class, the tax burden on the non-salaried class 150 billion can be Rs.
Chairman FBR stated that 5% excise responsibility has been imposed on immovable property, excise responsibility has additionally been imposed on plots and industrial properties, exports are being introduced underneath regular tax regime, withholding tax charge on retailers has been elevated. Within the funds, further taxes of 1761 billion rupees have been imposed, he stated that 443 billion rupees have been taxed within the subsequent monetary 12 months within the type of earnings tax, taxes of 224 billion rupees have been imposed within the type of principal earnings tax. Within the type of gross sales tax, further taxes of 450 billion rupees have been imposed, within the type of excise responsibility, further taxes of 70 billion rupees have been imposed.
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2024-06-12 20:25:45