Karachi, March 02, 2021: All Iron Steel Merchants Association has asked The Federal Board of Revenue (FBR) to restore all tax exemptions available to the people of Federally Administered Tribal Areas (Fata) and Provincially Administered Tribal Areas (Pata). According to Budget proposal submitted by All Iron Steel Merchants Association, the exemption from sales tax will remain…
Karachi, September 16, 2020: Ismail Suttar, President of Employers’ Federation of Pakistan (EFP), has resentfully concluded that the Sui Southern Gas Company (SSGC) is either incompetent or under pressure from unknown players despite the consistent pushing by stakeholders for days over record low-pressure ahead of winters. In the past, due to negligence, nepotism and deep-rooted…
Karachi, June 02, 2020: The value added textile export sector has reached to the verge of disaster due to severest ever liquidity crisis in the history of Pakistan caused due to imposition of 17 percent sales tax in last budget whereby liquidity worth billions of rupees has been stuck up with the Government. Last year,…
Karachi, May 20, 2020: Patron of SITE Association of Industry Zubair Motiwala has once again drew the attention of the federal government towards the difficulties being faced due to inability of fully automated sales tax refund system (FASTER) by Five Zero Rated Export Sectors namely Value Added Textile, Sports Goods, Surgical goods, Leather and Carpet…