{"id":58688,"date":"2019-12-14T10:00:33","date_gmt":"2019-12-14T05:00:33","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=58688"},"modified":"2019-12-13T18:09:30","modified_gmt":"2019-12-13T13:09:30","slug":"fbr-to-announce-market-committees-for-traders","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-to-announce-market-committees-for-traders.html","title":{"rendered":"FBR to announce market committees for traders"},"content":{"rendered":"<p>Lahore: The Federal Board of Revenue (FBR) has made the decision to set up market committees in order to discuss and resolve the various issues faced by traders \u2014 with the scope of these committees being decided by both sides concurrently, according to a news source.<\/p>\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/fbr-invites-traders-dialogue-ahead-sep-30-deadline.html\" target=\"_blank\" rel=\"noopener noreferrer\">FBR invites traders for dialogue ahead of Sep 30 deadline<\/a><\/p>\n<p>The roles of these committees include running a campaign for the registration of new taxpayers so that the national exchequer is improved. The FBR has assured the traders that it will provide a simple and easy registration form for this purpose.<\/p>\n<p>These committees will also discuss the best ways to resolve tax disputes, in line with alternate dispute resolution committee procedures. In addition, they will extend their full support to the <a href=\"https:\/\/www.zameen.com\/news\/fbr-withhold-cnic-condition-till-jan-1-2020.html\" target=\"_blank\" rel=\"noopener noreferrer\">FBR<\/a> in assessing the taxpayers\u2019 turnover.<\/p>\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/fbr-broaden-tax-base-mega-retailers-using-pos-system.html\" target=\"_blank\" rel=\"noopener noreferrer\">FBR to broaden tax base to mega-retailers using POS system<\/a><\/p>\n<p>In addition, the complaints of shop-owners with shops measuring under 1,000 square feet and registered under sales tax, shall be resolved. The committees\u2019 duties will also include deciding which traders come under the ambit of sales tax, and whether they are in the wholesale or retail business.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The Federal Board of Revenue (FBR) has made the decision to set up market committees in order to discuss and resolve the various issues faced by traders \u2014 with the scope of these committees being decided by both sides concurrently, according to a news source. Read: FBR invites traders for dialogue ahead of Sep 30 deadline The roles of these committees include running a campaign for the registration of new taxpayers so that the national exchequer is improved. The FBR has assured the traders that it will provide a simple and easy registration form for this purpose. These committees will also discuss the best ways to resolve tax disputes, in line with alternate dispute resolution committee procedures. In addition, they will extend their full support to the FBR in assessing the taxpayers\u2019 turnover. Read: FBR to broaden tax base to mega-retailers using POS system In addition, the complaints of shop-owners with shops measuring under 1,000 square feet and registered under sales tax, shall be resolved. The committees\u2019 duties will also include deciding which traders come under the ambit of sales tax, and whether they are in the wholesale or retail business.<\/p>\n","protected":false},"author":58,"featured_media":23448,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[3362,14438],"persona":[],"class_list":{"0":"post-58688","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-fbr","8":"tag-market-committees"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FBR to announce market committees for traders - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: The Federal Board of Revenue (FBR) has made the decision to set up market committees in order to discuss and resolve the various issues faced by\" \/>\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-to-announce-market-committees-for-traders.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR to announce market committees for traders - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: The Federal Board of Revenue (FBR) has made the decision to set up market committees in order to discuss and resolve the various issues faced by\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-to-announce-market-committees-for-traders.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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