Maximum income tax is now 15%. This is good news for salaried people but unfortunately knowing our psyche it will still not make people file returns voluntarily. They will hesitate because they feel rates can be reverted any time in the future and also filing returns might lead to harassment by the tax department later on.
People will still underwrite their purchases to some extent as they know govt. is not efficient to go after every purchase. It just requires too many resources to accomplish this task.
Pakistan zindabad replied on Monday, April 9, 2018 02:33 PM
all this is obvious...nothing changed. Chill |
