{"id":56896,"date":"2019-10-28T16:27:10","date_gmt":"2019-10-28T11:27:10","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=56896"},"modified":"2019-10-28T16:27:10","modified_gmt":"2019-10-28T11:27:10","slug":"fbrs-cnic-condition-for-traders-to-remain-in-effect-zaidi","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbrs-cnic-condition-for-traders-to-remain-in-effect-zaidi.html","title":{"rendered":"FBR\u2019s CNIC condition for traders to remain in effect: Zaidi"},"content":{"rendered":"<p>Islamabad: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi recently stated that the taxation agency had no intention of withdrawing its previously announced CNIC condition for traders undertaking purchases in excess of PKR 50,000, a news source reported. He made this announcement in response to media speculation pertaining to a potential suspension of the said policy.<\/p>\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/cnic-now-required-for-purchases-over-pkr-50000.html\" target=\"_blank\" rel=\"noopener noreferrer\">CNIC now required for purchases over PKR 50,000<\/a><\/p>\n<p>The FBR chief made it clear that no such proposal was under consideration. He stated that the board would introduce a fixed-tax regime for businessmen; with an announcement pertaining to the tax measures for the business community expected this week.<\/p>\n<p>Read:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/fbr-withhold-cnic-condition-till-jan-1-2020.html\" target=\"_blank\" rel=\"noopener noreferrer\">FBR to withhold the CNIC condition till Jan 1, 2020<\/a><\/p>\n<p>Meanwhile, Prime Minister (PM) Imran Khan reiterated his government\u2019s commitment to expanding the tax net and ensuring transparency in the accountability system. He expressed his views on the matter during a meeting with FBR Chairman Shabbar Zaidi and National Database Registration Authority (NADRA) Chairman Usman Yousaf Mubeen.<\/p>\n<p>The PM further said that expanding the tax net will not only help in lowering the burden of taxation on existing tax payers but will also help improve the health, education and other civic amenities in the country.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi recently stated that the taxation agency had no intention of withdrawing its previously announced CNIC condition for traders undertaking purchases in excess of PKR 50,000, a news source reported. He made this announcement in response to media speculation pertaining to a potential suspension of the said policy. Read: CNIC now required for purchases over PKR 50,000 The FBR chief made it clear that no such proposal was under consideration. He stated that the board would introduce a fixed-tax regime for businessmen; with an announcement pertaining to the tax measures for the business community expected this week. Read:\u00a0FBR to withhold the CNIC condition till Jan 1, 2020 Meanwhile, Prime Minister (PM) Imran Khan reiterated his government\u2019s commitment to expanding the tax net and ensuring transparency in the accountability system. He expressed his views on the matter during a meeting with FBR Chairman Shabbar Zaidi and National Database Registration Authority (NADRA) Chairman Usman Yousaf Mubeen. The PM further said that expanding the tax net will not only help in lowering the burden of taxation on existing tax payers but will also help improve the health, education and other civic amenities in the country.<\/p>\n","protected":false},"author":57,"featured_media":52219,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[13644],"persona":[],"class_list":{"0":"post-56896","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-fbrs-cnic-condition-for-traders-to-remain-in-effect-zaidi"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FBR\u2019s CNIC condition for traders to remain in effect: Zaidi - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi recently stated that the taxation agency had no intention of withdrawing its previously\" \/>\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\/fbrs-cnic-condition-for-traders-to-remain-in-effect-zaidi.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR\u2019s CNIC condition for traders to remain in effect: Zaidi - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi recently stated that the taxation agency had no intention of withdrawing its previously\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbrs-cnic-condition-for-traders-to-remain-in-effect-zaidi.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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