Times of Islamabad

Middle Class to bear the brunt of taxation

Middle Class to bear the brunt of taxation

ISLAMABAD: Chairman Federal Board Revenue Shabbar Zaidi says reforms arebeing made in the Federal Board of Revenue under the leadership of PrimeMinister Imran Khan.

Talking to media in Islamabad today, he said that it is his responsibilityto improve the tax base under the leadership of Prime Minister Imran Khan.

He said that “Hawala” and “Hundi” have inflicted a huge loss on thecountry’s economy.

Shabbar Zaidi said that measures are being taken to include the middleclass in the tax net.

Replying to a question, Chairman Federal Board of Revenue, Shabbar Zaidisaid that the government would desist from taking any decision which wouldbe counterproductive for the textile industry.

He said misleading information is being spread on the issue of sales taxzero-rating, Computerised National Identity Card issue and imposition oftax on edible items.

Later, talking to reporters,the FBR Chairman said that the board is engagedin negotiations with the business community to resolve their genuine issues.

The Chairman categorically rejected rumors about his replacement asChairman FBR.