{"id":65433,"date":"2020-05-14T09:55:00","date_gmt":"2020-05-14T04:55:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=65433"},"modified":"2020-05-13T15:57:14","modified_gmt":"2020-05-13T10:57:14","slug":"fpcci-proposes-abolish-extra-sales-tax-unregistered-persons","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fpcci-proposes-abolish-extra-sales-tax-unregistered-persons.html","title":{"rendered":"FPCCI proposes to abolish extra sales tax on unregistered persons"},"content":{"rendered":"\n<p>Islamabad: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) recently submitted its budgetary proposals to the government \u2014 with the association recommending the abolishment of the extra 3% sales tax charged on unregistered individuals, a news source reported. Back in 2017, the government had initially decided to levy an extra 1% in sales tax on the said citizens\u2019 category (in addition to the usual 17%); with the rate later having been increased to 3%.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/icci-shares-budget-2020-21-proposals.html\" target=\"_blank\" rel=\"noreferrer noopener\">ICCI shares Budget 2020-21 proposals<\/a><\/p>\n\n\n\n<p>Additionally, the FPCCI has also recommended that the government should reduce the sale tax for five export-oriented sectors. Reportedly, officials from the FPCCI are set to the meet the with the government officials concerned soon to further discuss these proposals.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/fbr-considering-proposal-raise-cnic-requirements-goods-purchase.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR considers proposal to ease CNIC requirement for goods purchase<\/a><\/p>\n\n\n\n<p>The Federal Board of Revenue (FBR) has recently shown a willingness to abolish the extra sales tax if the country\u2019s businessmen officially register themselves with the department. The FBR had also contended that the extra tax had been imposed in order to encourage registrations, and that it has generated nearly PKR 40 billion in revenue for the board.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) recently submitted its budgetary proposals to the government \u2014 with the association recommending the abolishment of the extra 3% sales tax charged on unregistered individuals, a news source reported. Back in 2017, the government had initially decided to levy an extra 1% in sales tax on the said citizens\u2019 category (in addition to the usual 17%); with the rate later having been increased to 3%. Read: ICCI shares Budget 2020-21 proposals Additionally, the FPCCI has also recommended that the government should reduce the sale tax for five export-oriented sectors. Reportedly, officials from the FPCCI are set to the meet the with the government officials concerned soon to further discuss these proposals. Read: FBR considers proposal to ease CNIC requirement for goods purchase The Federal Board of Revenue (FBR) has recently shown a willingness to abolish the extra sales tax if the country\u2019s businessmen officially register themselves with the department. The FBR had also contended that the extra tax had been imposed in order to encourage registrations, and that it has generated nearly PKR 40 billion in revenue for the board.<\/p>\n","protected":false},"author":57,"featured_media":62138,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[29026],"persona":[],"class_list":{"0":"post-65433","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"tag-fpcci-proposes-to-abolish-extra-sales-tax-on-unregistered-persons","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>Call to abolish extra sales tax on unregistered persons - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) recently submitted its budgetary proposals to the government \u2014 with the association recommending the abolishment of the extra 3% sales tax charged on unregistered individuals, 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\/fpcci-proposes-abolish-extra-sales-tax-unregistered-persons.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Call to abolish extra sales tax on unregistered persons - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) recently submitted its budgetary proposals to the government \u2014 with the association recommending the abolishment of the extra 3% sales tax charged on unregistered individuals, a news source reported.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fpcci-proposes-abolish-extra-sales-tax-unregistered-persons.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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