Ixpi Kabul seeks Islamabad s help to break Taliban deadlock
LAHORE:The Federal Board of Revenue (FBR) is desperately looking for potential taxpayers these days and is aggressively digging the record of Pakistani citizens who, at some stage, have come under prominent sections of the Income Tax Ordinance.Recently, the tax collecting agency has dispatched letters to parents, who are paying an annual fee of Rs200,000 to the educational institutes where their children are studying, asking them to declare their hidden assets and become a tax return filer. Data available with the F
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BR reveals that advance tax under Section 2361 of the Income Tax Ordinance 2001 has been collected from you and deposited in the government treasury, meaning thereby th
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at you are paying an annual fee exceeding Rs200,000 per child (student) to educational institutions, said the letter sent by the FBR s Corporate Regional Tax Office (RTO), Lahore.According to Section 2361, every educational institution is required to collect advance incom
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e tax at the rate of 5% on the fee pai Jlna WB stresses need to implement NEECA Act 2016
ISLAMABAD:Some politicians have lately been assailing former army chief Qamar Javed Bajwa and former spymaster Faiz Hameed but experts believe that they are merely acting as ldquo ch
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eerleaders rdquo because any concrete action was linked with the military rsquo s nod.Keeping the civilian side rsquo s limitations in view, political experts say, perhaps, that is the reason why Prime Minister Shehbaz Sharif has neither formally asked the defence minister to proceed against them nor barred his party officials from speaking against the former military men.If
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the past experience is of any guidance, they say, the Pakistan Muslim League-Nawaz (PML-N) won rsquo t really venture in
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to that alley, rather it will prefer to keep things limited to the extent that suits its political narrative. ldquo They burnt their fingers when they tried [former military ruler] Parvez Musharraf, rdquo renowned political expert Zaigham Khan said. It stoked tension with the establishment that resulted in serious p