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FBR CORRECTION / CLARIFICATION

Posted on June 13, 2014June 13, 2014 By admin No Comments on FBR CORRECTION / CLARIFICATION

May 06, 2014

It is clarified that the Member Inland Revenue (Policy) and Official Spokesperson, FBR while talking to the Participants of 17th MCMC, did not say that all the Rs.500 billion tax exemptions would be withdrawn in next fiscal year. Instead he said that currently there are exemptions of around Rs. 500 billion which are planned to be withdrawn in phases during three years, starting from the next fiscal year 2014-15.

Press Release Tags:FBR spokesperson, fiscal year 2014-15, Member Inland Revenue (Policy), tax exemptions

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