Connect with us


Shabbar Zaidi says reversing zero score for exports regressive strategy for Pakistan tax system



Shabbar Zaidi says reversing zero rating for exports regressive approach for Pakistan tax system

Former Federal Board of Revenue chairperson Shabbar Zaidi says reversing the zero score for Pakistan exports  can be regressive.

He tweeted about this on Wednesday, saying that if the zero score system is restored, we should always overlook about any tax system in Pakistan.

He referred to as for an enchancment within the refund system.

Zaidi mentioned he fought and gained the struggle to abolish this technique.

The former FBR chairperson’s feedback come when there have been studies circulating of a authorities debate on restoring the zero-rating system.

Some are saying  that small exporters face problem shopping for inputs by paying the gross sales tax first after which making use of for refunds.

The ones within the favour are reportedly pushing the FBR to revive the zero score regime for 5 exporting sectors.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © 2020 NEWSZWEB. All Right Reserved