Saturday 6 August 2016

Important changes being made in sales tax system

Important changes being made in sales tax systemISLAMABAD: Chairman of the Federal Board of Revenue (FBR) Nisar Muhammad has said that vital changes were being made in the arrangement of offers expense.

He said that business charge electronic framework was being made viable and examination of receipt would be brought out through electronic framework and as an aftereffect of this it would help FBR in getting yearly aggregate income target which had been altered at Rs3,621 billion.

Executive FBR communicated these perspectives amid exceptional meeting with The News on Saturday night. He said that FBR had started authoritative strides under the strategies given by Finance Minister Ishaq Dar amid Financial spending plan 2016-17. He said that amid current year FBR would need to gather 16 percent more against Rs3,114 billion income target and he guided all the field developments to attempt most extreme endeavors in such manner.

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