{"id":39381,"date":"2018-06-22T10:30:33","date_gmt":"2018-06-22T05:30:33","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=39381"},"modified":"2018-06-21T17:32:14","modified_gmt":"2018-06-21T12:32:14","slug":"amnesty-scheme-can-broaden-tax-net-lcci","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/amnesty-scheme-can-broaden-tax-net-lcci.html","title":{"rendered":"Amnesty scheme can broaden tax net: LCCI"},"content":{"rendered":"<p>Lahore: The Lahore <a href=\"https:\/\/www.zameen.com\/news\/na-will-pass-tax-amnesty-bill-today-miftah.html\" target=\"_blank\" rel=\"noopener noreferrer\">Chamber of Commerce and Industry<\/a> (LCCI) President Malik Tahir Javaid has that an extension in Tax Amnesty Scheme 2018 would enable the greatest number of businesses to avail full benefits, according to a news story.<\/p>\n<p>Javaid is of the view that this scheme would relieve pressure on the economy and generate additional revenue for the government, while the business community would benefit from having their assets being documented and legalising their assets. For the long run, Javaid has said that this scheme would reduce the burden from the existing taxpayers and broaden the <a href=\"https:\/\/www.zameen.com\/news\/no-extension-in-tax-amnesty-schemes-deadline-akhtar.html\" target=\"_blank\" rel=\"noopener noreferrer\">tax net<\/a>. With this, the country\u2019s tax to GDP ratio is also expected to improve.<\/p>\n<p>The LCCI Vice President Zeshan Khalil has said that the computerised National Identity Card (CNIC) number would be given the status of National Tax Number and people would be able to file their taxes by simply filling out a form.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The Lahore Chamber of Commerce and Industry (LCCI) President Malik Tahir Javaid has that an extension in Tax Amnesty Scheme 2018 would enable the greatest number of businesses to avail full benefits, according to a news story. Javaid is of the view that this scheme would relieve pressure on the economy and generate additional revenue for the government, while the business community would benefit from having their assets being documented and legalising their assets. For the long run, Javaid has said that this scheme would reduce the burden from the existing taxpayers and broaden the tax net. With this, the country\u2019s tax to GDP ratio is also expected to improve. The LCCI Vice President Zeshan Khalil has said that the computerised National Identity Card (CNIC) number would be given the status of National Tax Number and people would be able to file their taxes by simply filling out a form.<\/p>\n","protected":false},"author":60,"featured_media":14963,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[3493,7057,7120],"persona":[],"class_list":{"0":"post-39381","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-amnesty-scheme","8":"tag-lcci","9":"tag-tax-net"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Amnesty scheme can broaden tax net: LCCI - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: The Lahore Chamber of Commerce and Industry (LCCI) President Malik Tahir Javaid has that an extension in Tax Amnesty Scheme 2018 would enable the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/amnesty-scheme-can-broaden-tax-net-lcci.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Amnesty scheme can broaden tax net: LCCI - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: The Lahore Chamber of Commerce and Industry (LCCI) President Malik Tahir Javaid has that an extension in Tax Amnesty Scheme 2018 would enable the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/amnesty-scheme-can-broaden-tax-net-lcci.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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