June 24, 2023
KARACHI: Foreign investors have asked the government to fix the “anomalies” in the 2023-24 budget before its passage by parliament to ensure that tax-compliant businesses don’t get “encumbered further”.
In a letter to FBR Chairman Asim Ahmed, the representative body of multinationals operating in Pakistan called the retrospective increase in the super tax rate from four per cent to 10pc “inequitable and unfair”. (more)