The Lahore High Court dismissed a petition against the tax amnesty scheme on Tuesday. The court held that this was a reformist measure on the part of government to bring traders in the tax net. Petitioner Sheraz Zaka Advocate stated that traders had been given exemption from audit as well as filing wealth statement till 2018.
He argued that these traders had also been exempted from paying taxes for the past 10 years which was discriminatory. He said instead of bringing structural reforms, the federal board of revenue was giving cushion to the traders. He therefore said that other classes like lawyers and doctors should also be facilitated.
Copyright Business Recorder, 2017
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