AIRLINK 79.41 Increased By ▲ 1.02 (1.3%)
BOP 5.33 Decreased By ▼ -0.01 (-0.19%)
CNERGY 4.38 Increased By ▲ 0.05 (1.15%)
DFML 33.19 Increased By ▲ 2.32 (7.52%)
DGKC 76.87 Decreased By ▼ -1.64 (-2.09%)
FCCL 20.53 Decreased By ▼ -0.05 (-0.24%)
FFBL 31.40 Decreased By ▼ -0.90 (-2.79%)
FFL 9.85 Decreased By ▼ -0.37 (-3.62%)
GGL 10.25 Decreased By ▼ -0.04 (-0.39%)
HBL 117.93 Decreased By ▼ -0.57 (-0.48%)
HUBC 134.10 Decreased By ▼ -1.00 (-0.74%)
HUMNL 7.00 Increased By ▲ 0.13 (1.89%)
KEL 4.67 Increased By ▲ 0.50 (11.99%)
KOSM 4.74 Increased By ▲ 0.01 (0.21%)
MLCF 37.44 Decreased By ▼ -1.23 (-3.18%)
OGDC 136.70 Increased By ▲ 1.85 (1.37%)
PAEL 23.15 Decreased By ▼ -0.25 (-1.07%)
PIAA 26.55 Decreased By ▼ -0.09 (-0.34%)
PIBTL 7.00 Decreased By ▼ -0.02 (-0.28%)
PPL 113.75 Increased By ▲ 0.30 (0.26%)
PRL 27.52 Decreased By ▼ -0.21 (-0.76%)
PTC 14.75 Increased By ▲ 0.15 (1.03%)
SEARL 57.20 Increased By ▲ 0.70 (1.24%)
SNGP 67.50 Increased By ▲ 1.20 (1.81%)
SSGC 11.09 Increased By ▲ 0.15 (1.37%)
TELE 9.23 Increased By ▲ 0.08 (0.87%)
TPLP 11.56 Decreased By ▼ -0.11 (-0.94%)
TRG 72.10 Increased By ▲ 0.67 (0.94%)
UNITY 24.82 Increased By ▲ 0.31 (1.26%)
WTL 1.40 Increased By ▲ 0.07 (5.26%)
BR100 7,526 Increased By 32.9 (0.44%)
BR30 24,650 Increased By 91.4 (0.37%)
KSE100 71,971 Decreased By -80.5 (-0.11%)
KSE30 23,749 Decreased By -58.8 (-0.25%)
Top News

Cotton ginners allowed to pay tax to FBR directly

RECORDER REPORT MULTAN: Federal Board of Revenue (FBR) has allowed the Cotton ginners to pay tax directly to the FBR
Published July 16, 2012

    RECORDER REPORT

MULTAN: Federal Board of Revenue (FBR) has allowed the Cotton ginners to pay tax directly to the FBR against the sale of cotton to local textile mills and others so that they could claim their refunds as per rule, said Noor-ul-Ameen Hotiana, Chief Commissioner of Regional Tax office, Multan while addressing the ginners at a dinner hosted in his honour here the other day.

He said that it was their top priority to facilitate the tax-payers and they were trying to remove discrepancies and shortcomings in the tax laws in the light of suggestions of the tax-payers.

In his welcome address, the chairman of the PCGA Amanullah Qureshi said that textile mill owners had not paid a huge amount of Rs 55 billion in national treasury which was deducted from the ginners at the rate of one percent at the time of payment of cotton.

The chairman said that the government should take effective measures to recover the huge amount from the textile millers otherwise they would appeal to Chief Justice of Pakistan to take suo motu action in this connection.

He said that farmers associations should come forward for the security and safety of the growers because influential people were trying to fleece them.

The ceremony was also addressed by Mukhtar Ahmed Baloch, Haji Muhammad Akram, Sheikh Muhammad Saeed, Shahzad Ali Khan, Mian Mehmood Ahmed. They stressed the need for launching workshops, seminars for awareness of the tax-payers.

Tax commissioners Dr Khalil Ahmed, Zubair Bilal, Abid Raza Bodla, Abid Rasool, Ch Zaffar, Kashif Azhar, Dr Muhammad Ali Mashooq Ali were also present on the occasion.

Comments

Comments are closed.