FBR: extortionist & failed
Click here to read full article from source
Pakistan, Oct. 11 -- Our taxbureaucratskeep on maligning the citizens as tax dodgers, while theso-called "informed" analysts and all-knowing (sic) TV anchors join the bandwagon with often-repeated popular jargon that only"1% of the population pays income tax". This fallacy has become Gospel's truth in Pakistan that nobody is ready to refute. This is total fabricationthat exposes the hollowness of all those who subscribe to it. The reality is that about 100 million Pakistanis are subjected to 12.5% advance/adjustable income tax as mobile users.The collection underwithholding income tax regime was Rs. 1091.5 billion out of total direct tax collection of Rs. Rs. 1513.8 billion in fiscal year 2019-20, according to official source: FBR Year Bo...
To read the full article or to get the complete feed from this publication, please Contact Us