Table of Contents

Pindi Traders Oppose Proposed Bill to Abolish Tax Exemption

The Rawalpindi Chamber of Commerce and Industry (RCCI) has voiced its disapproval of the government’s plan to eliminate the income tax exemption.

In a statement, RCCI President Mohammad Nasir Mirza expressed concerns about the proposed bill, stating that the pandemic was posing challenging problems for the nation’s economy.

Read More: FIA Arrested Foreign Nationals For Defrauding Pakistani Citizens

He added that the chamber has always asked that stakeholders be consulted in economic policy formulation, saying that the introduction of a tax-exempt money bill had raised concerns at the time.

Sohail Altaf, the group’s leader, claimed that the FBR had failed to expand the tax base and that the government was placing an increased burden on current taxpayers rather than seeking out new ones.

He claimed that while tax exemptions were being eliminated, on the one hand, the FBR had received Rs 13 billion more than its tax targets up till February, or a total of Rs 2,911 billion.

He claimed that because of the current unpredictability, such actions would be detrimental to the national economy. He continued that the proposed money measure need to be dropped.

You can also invest in other famous and most in demand housing societies, such as , Blue World CityRudn Enclave, 7 Wonders City Peshawar, Taj Residencia, Kingdom ValleyNew Metro City Gujar Khan, Forest Town Rawalpindi, University Town Rawalpindi, ICHS Town, Park View City Islamabad, Multi Gardens B17 Islamabad and Nova City Islamabad.

Al Sadat Marketing please contact 0331 1110005 or visit https://alsadatmarketing.com/

Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2, Prism Town Gujar Khan, New City Paradise, Eighteen Islamabad, 7 Wonders City Islamabad, Capital Smart CitySilver City Islamabad, The Life ResidenciaFaisal Town Islamabad, Islamabad Golf City, Islamabad Model Town and Marble Arch Enclave.

Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.

Book Your Plot Now: +92 331 111 0005

Tags :

Share :

About Author
About Author

Syed Sadat Hussain Shah

Talk to Us!

Latest Posts

Categories

Leave a Reply

Your email address will not be published. Required fields are marked *