The Federal Board of Revenue (FBR) on 27 December 2016 issued income tax proposals for Budget 2017/18 and invited the general public and all stakeholders, including the Chambers of Commerce and Industry, Bodies of Trade and Industry, Provincial Bodies, and Regulatory Authorities to contribute suggestions and proposals for the budget 2017/18.
The proposals are to be submitted in the following format by 25 January 2017:
Section/schedule of the Income Tax Ordinance | Existing law | Proposed amendment | Rationale | Revenue impact |
1 | 2 | 3 | 4 | 5 |