ISLAMABAD: Traders across the country ended the two-day strike called by the All Pakistan Anjuman-e-Tajiran (APAT) to protest tax reforms after receiving an 11-point agreement by the government.
In a news conference, Adviser to the Prime Minister on Finance Dr Abdul Hafeez Shaikh announced that while the condition to present CNICs on the purchase of over Rs50,000 has not been withdrawn, its implementation has been deferred until January 31, 2020.
The other significant concessions include sales tax registration exemption for traders paying up to Rs1.2 million annually in electricity bills and owning a 1,000 square feet shop, and reduction of the minimum income tax rate from 1.5% to only 0.5% for traders who had an annual turnover of up to Rs100 million.
APAT Chairman Khawaja Shafiq lauded the arbitration of Pakistan Tehreek-e-Insaf (PTI) leader Jahangir Khan Tareen, saying that the “positive role” played by the party’s former secretary general was key in resolving the dispute.
For more news and blogs, visit graana.com.
Swat, famously known as the "Switzerland of Pakistan," is a land of mesmerizing beauty. It is…
Millennials, often referred to as the “financially cautious generation,” are reshaping the investment landscape. Known…
Graanic, Pakistan's premier organic food brand, has officially launched its new restaurant at Mall of…
If you’re looking for a destination that combines breathtaking views, a peaceful ambiance, and unforgettable…
The real estate sector in Pakistan is undergoing significant transformations, and wealth management strategies are…
December 19, 2024— In a significant move, the federal government has announced an increase in…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
