Table of Contents

Sindh Government Offers ‘One-Time’ Tax Incentive for Defaulters

In order to reach the provincial income targets set forth in the budget for the fiscal year (FY 2020–21), the Sindh Revenue Board (SRP) has announced a “one-time” incentive for tax defaulters, according to news reports.

Read More: Authority Formed to Retrieve State Land from Illegal Occupation

This action was made under the CM Murad Ali Shah’s direction in order to reach the PKR 135 billion revenue target and broaden the tax base.

The first 12 days of June will see a waiver of the tax default fees and liabilities, according to the press statement. To take advantage of the offer, tax defaulters merely need to pay the principal sum before the deadline.

Read More: IMF Chief Says Pakistan Needs to Tax the Rich and Protect the Poor

The letter goes on to describe the programme in more detail, noting that if the taxes are deposited before June 21 and June 30, respectively, only 5% and 10% of the default surcharge is payable, but the penalties would still be waived.

The offer was made in response to the businesspeople from Hyderabad and Karachi’s requests that taxes be waived for the current fiscal year due to lockdowns brought on by the epidemic.

For more information, please get in touch with Al Sadat Marketing.

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

Leave a Reply

Your email address will not be published.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