{"id":63122,"date":"2020-03-24T13:19:11","date_gmt":"2020-03-24T08:19:11","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=63122"},"modified":"2020-03-24T17:31:41","modified_gmt":"2020-03-24T12:31:41","slug":"piaf-demands-simplification-tax-system","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/piaf-demands-simplification-tax-system.html","title":{"rendered":"PIAF demands simplification of tax system"},"content":{"rendered":"\n<p>Lahore: The Pakistan Industrial &amp; Traders Association Front (PIAF) has demanded a simplified taxation system in the country, a news source reported. The PIAF leader Sheikh Sajjad Afzal asked for reforms addressing the issue of double taxation. <\/p>\n\n\n\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/experts-urge-government-simplify-tax-regime.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Experts urge government to simplify tax regime (opens in a new tab)\">Experts urge government to simplify tax regime<\/a><\/p>\n\n\n\n<p>As per the publication, Afzal urged for consultation with stakeholders for introducing reforms and simplifying the taxation system. He suggested the integration of the provincial and federal government laws to address the matter. The PIAF chief also asked for harmonisation of the Federal Board of Revenue (FBR) and the Punjab Revenue Authority (PRA).<\/p>\n\n\n\n<p>The association\u2019s leader submitted these remarks as part of his proposals for the Financial Budget 2020-21 to the FBR. He added that there should only a one-time charging of the taxes by either the provincial government or the federal government. He explained that the provincial governments charge the same kind of tax as the federal government \u2013 increasing production cost.<\/p>\n\n\n\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/fbr-launches-simplified-sales-tax-registration-system.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"FBR launches simplified sales tax registration system (opens in a new tab)\">FBR launches simplified sales tax registration system<\/a><\/p>\n\n\n\n<p>Afzal, in his budget proposal, further demanded the harmonisation of sales and income tax laws. He requested to get rid of provisions that conflicted with each other. He also demanded the enhancement of the tax base by automating and integrating the tax agencies with other public entities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The Pakistan Industrial &amp; Traders Association Front (PIAF) has demanded a simplified taxation system in the country, a news source reported. The PIAF leader Sheikh Sajjad Afzal asked for reforms addressing the issue of double taxation. Read: Experts urge government to simplify tax regime As per the publication, Afzal urged for consultation with stakeholders for introducing reforms and simplifying the taxation system. He suggested the integration of the provincial and federal government laws to address the matter. The PIAF chief also asked for harmonisation of the Federal Board of Revenue (FBR) and the Punjab Revenue Authority (PRA). The association\u2019s leader submitted these remarks as part of his proposals for the Financial Budget 2020-21 to the FBR. He added that there should only a one-time charging of the taxes by either the provincial government or the federal government. He explained that the provincial governments charge the same kind of tax as the federal government \u2013 increasing production cost. Read: FBR launches simplified sales tax registration system Afzal, in his budget proposal, further demanded the harmonisation of sales and income tax laws. He requested to get rid of provisions that conflicted with each other. He also demanded the enhancement of the&hellip;<\/p>\n","protected":false},"author":68,"featured_media":63123,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[23952],"persona":[],"class_list":{"0":"post-63122","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"tag-details-on-piaf-demands-simplification-of-tax-system","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>PIAF demands simplification of tax system - Zameen News<\/title>\n<meta name=\"description\" content=\"The Pakistan Industrial &amp; Traders Association Front (PIAF) has demanded a simplified taxation system in the country, a news source reported.\" \/>\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\/piaf-demands-simplification-tax-system.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PIAF demands simplification of tax system - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The Pakistan Industrial &amp; Traders Association Front (PIAF) has demanded a simplified taxation system in the country, a news source reported.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/piaf-demands-simplification-tax-system.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-24T08:19:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-03-24T12:31:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/Taxes.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Safina Sultan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Safina Sultan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"PIAF demands simplification of tax system - Zameen News","description":"The Pakistan Industrial & Traders Association Front (PIAF) has demanded a simplified taxation system in the country, a news source reported.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/piaf-demands-simplification-tax-system.html","og_locale":"en_US","og_type":"article","og_title":"PIAF demands simplification of tax system - Zameen News","og_description":"The Pakistan Industrial & Traders Association Front (PIAF) has demanded a simplified taxation system in the country, a news source reported.","og_url":"https:\/\/www.zameen.com\/news\/piaf-demands-simplification-tax-system.html","og_site_name":"Pakistan Real Estate News &amp; 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