Reportedly, Karachi chamber of commerce is planning to Sue govt for rescinding tax ordinance 2016 through sind high court. What’s your assessment?
Dear Baqir,
The real issue is not the amount of taxes but the fear of a crack down on black money . Previously FBR did not inquired about the money being used to purchase real estate but now people are scared that they may.
Government is working on an amnesty scheme and hopefully that will be launched soon.
Lastly sue about what? honestly tax collection is a legal right , i dont think so any one has justified logic to sue Government for collecting taxes. Even if they do i honestly doubt of its success.
Jazak Allah
Dear sir,
The point to understand that the taxes are increased every year, which is completely fine and in the last budget similarly taxes were increased but not to an alarming rate. The government has strictened the laws around circulation of black money. In progressive terms that shouldn’t be an issue except for tax evaders. So if you are breaking the law you should pay the penalty for it. I don’t think taxpayers and law abiding citizens should have an issue.
warm regards,
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