{"id":52515,"date":"2019-06-03T15:43:42","date_gmt":"2019-06-03T10:43:42","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=52515"},"modified":"2025-03-25T11:14:28","modified_gmt":"2025-03-25T06:14:28","slug":"proposal-to-ban-the-products-of-tax-evading-brands","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/proposal-to-ban-the-products-of-tax-evading-brands.html","title":{"rendered":"Proposal to ban the products of tax evading brands"},"content":{"rendered":"<p>Islamabad: The federal government is currently considering a proposal to ban the products of tax evading brands in the next budget, a news source reported.<\/p>\n<p>The proposal was submitted by an institution named \u2018Pay Tax, Build Pakistan\u2019. The organisation\u2019s chief Khalid Pervaiz, while elaborating the proposal, said that this will help decrease the volume of informal business and help document the economy.<\/p>\n<p>Read:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/real-estate-sectors-documentation-secp-submits-budget-proposals-fbr.html\" target=\"_blank\" rel=\"noopener noreferrer\">Real estate sector\u2019s documentation: SECP submits budget proposals to FBR<\/a><\/p>\n<p>The proposal submitted with the Federal Board of Revenue (FBR) states that the board has compiled a report of 36 brands, which reveals that if the manufacturers of one brand default on the payment of sales tax, they simply sublet the manufacturing. This not only results in increased undocumented manufacturing, but also causes revenue losses where taxes are not paid.<\/p>\n<p><a href=\"https:\/\/www.zameen.com\/news\/fpcci-requests-budget-proposals-all-chambers.html\" target=\"_blank\" rel=\"noopener noreferrer\">FPCCI requests budget proposals from all chambers<\/a><\/p>\n<p>The proposal suggests that if a brand defaults on tax payments, its products should be banned until it can clear its payments with the FBR. Moreover, the subletting of manufacturing should also be fined.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The federal government is currently considering a proposal to ban the products of tax evading brands in the next budget, a news source reported. The proposal was submitted by an institution named \u2018Pay Tax, Build Pakistan\u2019. The organisation\u2019s chief Khalid Pervaiz, while elaborating the proposal, said that this will help decrease the volume of informal business and help document the economy. Read:\u00a0Real estate sector\u2019s documentation: SECP submits budget proposals to FBR The proposal submitted with the Federal Board of Revenue (FBR) states that the board has compiled a report of 36 brands, which reveals that if the manufacturers of one brand default on the payment of sales tax, they simply sublet the manufacturing. This not only results in increased undocumented manufacturing, but also causes revenue losses where taxes are not paid. FPCCI requests budget proposals from all chambers The proposal suggests that if a brand defaults on tax payments, its products should be banned until it can clear its payments with the FBR. Moreover, the subletting of manufacturing should also be fined.<\/p>\n","protected":false},"author":18,"featured_media":26795,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[11815],"persona":[],"class_list":{"0":"post-52515","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"tag-proposal-to-ban-the-products-of-tax-evading-brands","9":"cat-15015-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Proposal to ban the products of tax evading brands - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The federal government is currently considering a proposal to ban the products of tax evading brands in the next budget, a news source\" \/>\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\/proposal-to-ban-the-products-of-tax-evading-brands.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Proposal to ban the products of tax evading brands - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The federal government is currently considering a proposal to ban the products of tax evading brands in the next budget, a news source\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/proposal-to-ban-the-products-of-tax-evading-brands.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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