Importers resist submitting CNICs of unregistered buyers - News Summed Up

Importers resist submitting CNICs of unregistered buyers


155,000 fake CNICs seized in NADRA crackdownHe said the business community can neither force unregistered persons to get them registered nor can it collect CNICs on behalf of the Federal Board of Revenue (FBR). Although the government’s intentions are positive to bring non-taxpayers into the tax net, it is burdening legitimate businessmen a lot. These disproportionate restrictions on legitimate businesses, along with the taxes the government has proposed in this budget, will result in adverse effects, the KCCI president remarked. But this alone cannot stop smuggling, if the government is not ready to rationalise taxes in the country, he added. Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.


Source: The Express Tribune June 18, 2019 05:03 UTC



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