AIRLINK 179.55 Decreased By ▼ -1.84 (-1.01%)
BOP 11.50 Increased By ▲ 0.33 (2.95%)
CNERGY 8.52 Decreased By ▼ -0.02 (-0.23%)
CPHL 95.10 Increased By ▲ 0.84 (0.89%)
FCCL 46.50 Increased By ▲ 0.32 (0.69%)
FFL 16.43 Increased By ▲ 0.77 (4.92%)
FLYNG 28.31 Increased By ▲ 0.13 (0.46%)
HUBC 145.35 Increased By ▲ 2.58 (1.81%)
HUMNL 13.10 Decreased By ▼ -0.14 (-1.06%)
KEL 4.49 Decreased By ▼ -0.04 (-0.88%)
KOSM 5.72 Decreased By ▼ -0.07 (-1.21%)
MLCF 69.39 Increased By ▲ 3.88 (5.92%)
OGDC 212.05 Decreased By ▼ -0.83 (-0.39%)
PACE 6.04 Decreased By ▼ -0.01 (-0.17%)
PAEL 47.70 Increased By ▲ 1.10 (2.36%)
PIAHCLA 18.00 Decreased By ▼ -0.17 (-0.94%)
PIBTL 10.62 Increased By ▲ 0.01 (0.09%)
POWER 13.54 Increased By ▲ 1.23 (9.99%)
PPL 171.02 Increased By ▲ 0.12 (0.07%)
PRL 34.60 Increased By ▲ 0.33 (0.96%)
PTC 22.58 Decreased By ▼ -0.28 (-1.22%)
SEARL 95.99 Increased By ▲ 1.04 (1.1%)
SSGC 43.50 Increased By ▲ 1.03 (2.43%)
SYM 14.22 Increased By ▲ 0.03 (0.21%)
TELE 7.29 Increased By ▲ 0.08 (1.11%)
TPLP 9.90 Decreased By ▼ -0.01 (-0.1%)
TRG 65.60 Increased By ▲ 0.05 (0.08%)
WAVESAPP 9.85 No Change ▼ 0.00 (0%)
WTL 1.33 Increased By ▲ 0.01 (0.76%)
YOUW 3.72 Decreased By ▼ -0.04 (-1.06%)
BR100 12,693 Increased By 104.4 (0.83%)
BR30 38,214 Increased By 334.5 (0.88%)
KSE100 118,383 Increased By 1067.8 (0.91%)
KSE30 36,395 Increased By 278.8 (0.77%)

KARACHI: The Pakistan Tax Bar Association (PTBA) has formally requested the Federal Board of Revenue (FBR) to establish a tax office in the Gwadar, citing increasing economic activity and challenging compliance requirements for local taxpayers.

In a detailed letter addressed to FBR Member IR (Operations) Hamid Ateeq Sarwar, the PTBA highlighted that the current facilitation centre in Gwadar is insufficient to meet the growing needs of taxpayers in the region, which includes Gwadar, Turbat, and neighboring cities.

Tax on foreign property income: PTBA for larger bench to address ‘conflicting rulings’

The request comes following a recent tax awareness seminar in the city and the provisional establishment of the Makran Tax Bar. The letter emphasized that Gwadar’s strategic importance as a key node in the China-Pakistan Economic Corridor (CPEC) necessitates a more robust tax administration presence.

“Taxpayers currently face significant challenges, including 5-6 hour road journeys to attend case hearings,” said the PTBA.

The proposal outlines several potential benefits of establishing a full-scale FBR office, including enhanced revenue collection, improved investor facilitation, and strengthened tax administration in the region.

Copyright Business Recorder, 2025

Comments

Comments are closed.

Syed Nasir Shad Jan 18, 2025 11:28am
Agree with PTBA recommendation to serve the increasing Tax payers needs.
thumb_up Recommended (0)
Sajid ch Jan 19, 2025 10:09pm
Absolutely fine request from PTBA...
thumb_up Recommended (0)