Pakistan People Party to oppose Tax Amendment Bill
Pakistan People's Party Member of National Assembly Mirza Ikhtiar Baig on Monday (local time) said that his party would oppose the proposed Tax Amendment Bill, which aims to freeze the bank accounts of non-filers.
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Baig revealed that the proposed bill restricts non-filers from transferring immovable property and threatens to confiscate their business properties under new provisions, ARY News reported.
Baig called the proposed laws «excessively harsh» and stated that his party would oppose them. According to ARY News, Baig suggested that this bill should be discussed in the Finance and Revenue Committees of the National Assembly.
Baig also pointed out that the category of «non-filers» was created by the government itself, and further, in a jibe, he questioned, «Would people soon need permission just to breathe?»
Further, according to ARY News, last week, after Pakistan's Senate body approved the tax amendment bill, the Federal Board of Revenue (FBR) announced that it had issued notices to around 169,000 influential individuals to bring them into the tax net.
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