{"id":52218,"date":"2019-05-20T12:50:02","date_gmt":"2019-05-20T07:50:02","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=52218"},"modified":"2019-05-20T12:50:02","modified_gmt":"2019-05-20T07:50:02","slug":"fbr-chief-promises-long-term-tax-reforms","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-chief-promises-long-term-tax-reforms.html","title":{"rendered":"FBR chief promises long-term tax reforms"},"content":{"rendered":"<p>Karachi: FBR Chairman Syed Shabbar Zaidi has announced his commitment to introduce long-term taxation reforms in a bid to facilitate the general public, a news source reported.<\/p>\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/fbr-informs-wb-tax-reforms.html\">FBR informs World Bank about its tax reforms<\/a><\/p>\n<p>The chairman expressed his views on the matter during a meeting with industrialists and businessmen at the Karachi Chamber of Commerce (KCCI) on Saturday.<\/p>\n<p>He informed the attendees that the revenue board would not conduct any unnecessary audits of taxpayers. He added that the government was contemplating to provide duty relief on some raw materials in the upcoming federal budget.<\/p>\n<p>Moreover, the FBR chairman said that he would announce the number of shops and companies operating within the country. At present, there are 700,000 industrial units functioning in Punjab alone, he added.<\/p>\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/fbr-to-monitor-banking-transactions-above-pkr-1-mn.html\">FBR to monitor banking transactions above PKR 1 mn<\/a><\/p>\n<p>He stated that he was unaware about the number of industrial units operating within Sindh, or the number of those that paid tax. He informed that only about 1.9 million people in the country pay their taxes (according to the latest reports).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: FBR Chairman Syed Shabbar Zaidi has announced his commitment to introduce long-term taxation reforms in a bid to facilitate the general public, a news source reported. Read: FBR informs World Bank about its tax reforms The chairman expressed his views on the matter during a meeting with industrialists and businessmen at the Karachi Chamber of Commerce (KCCI) on Saturday. He informed the attendees that the revenue board would not conduct any unnecessary audits of taxpayers. He added that the government was contemplating to provide duty relief on some raw materials in the upcoming federal budget. Moreover, the FBR chairman said that he would announce the number of shops and companies operating within the country. At present, there are 700,000 industrial units functioning in Punjab alone, he added. Read: FBR to monitor banking transactions above PKR 1 mn He stated that he was unaware about the number of industrial units operating within Sindh, or the number of those that paid tax. He informed that only about 1.9 million people in the country pay their taxes (according to the latest reports).<\/p>\n","protected":false},"author":67,"featured_media":52219,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[11689],"persona":[],"class_list":{"0":"post-52218","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-fbr-chief-promises-long-term-tax-reforms"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FBR chief promises long-term tax reforms - Zameen News<\/title>\n<meta name=\"description\" content=\"Karachi: FBR Chairman Syed Shabbar Zaidi has announced his commitment to introduce long-term taxation reforms in a bid to facilitate the general public, a\" \/>\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\/fbr-chief-promises-long-term-tax-reforms.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR chief promises long-term tax reforms - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Karachi: FBR Chairman Syed Shabbar Zaidi has announced his commitment to introduce long-term taxation reforms in a bid to facilitate the general public, a\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-chief-promises-long-term-tax-reforms.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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