New video by Breaking News - New Year To Bring Additional Rs155 Billion Tax Burden Geo News on YouTube

Breaking News - New Year To Bring Additional Rs155 Billion Tax Burden
Breaking News - New Year To Bring Additional Rs155 Billion Tax Burden ISLAMABAD: The New Year is expected to dawn with a heavier tax burden for Pakistanis as the Federal Board of Revenue (FBR) prepares a summary for the imposition of additional Rs155 billion taxes from January 2019, sources informed Geo News. The FBR in its supplementary bill draft has recommended an increase in the tax duty on imported luxury cars, and uniformity on General Sales Tax on all items. The department has also recommended an increase in sales tax from 5 percent to 22 percent. It has further suggested a decrease in the customs duty on the raw materials to be used in the export-oriented industries. #GeoNews #GeoBreakingNews #GeoSpecialReports

View on YouTube