No action against the traders till September 30: FBR
The meeting discussed various issues about the traders.
ISLAMABAD (Dunya News) – Federal Board of Revenue (FBR) Chairman Shabbar Zaidi on Thursday held a meeting with all groups of traders of Pakistan.
During the meeting, various issues about the traders came under discussion.
It has inter alia been agreed with consensus that no adverse action under the Income Tax Ordinance 2001 and Sales Tax Act, 1990 will be undertaken against the traders merely on the basis of information emanating from providing of CNIC under the Sales Tax Act, 1990 as required under the Finance Act, 2019 for traders till September 30, 2019.
There will be discussion between the associations and bodies of the traders for the finalization of Scheme for small shopkeepers for which drafts have been furnished by various trade bodies which will be taken into consideration by the FBR.
