Tag Archives: 17pc tax on number of items proposed; Shaukat Tarin dismisses inflation fears

ISLAMABAD: Finance Minister Shaukat Tarin presented in the National Assembly on Thursday the Finance (Supplementary) Bill 2021 envisaging withdrawal of sales tax exemptions worth Rs343 billion on machinery, pharma and imported food items. The bill also proposes an increase in rates of federal excise duty, income tax and sales tax on services in the federal capital territory. Mr Tarin explained …

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