Tax, Duty Exemptions for Erstwhile FATA, PATA to Expire on June 30, No Further Extension: Finance Minister

Thu May 16 2024
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ISLAMABAD: Pakistan’s Federal Minister for Finance Senator Muhammad Aurangzeb has said that there was no new legislation under consideration to extend tax and duty exemptions for the erstwhile Federally Administered Tribal Areas (FATA) and Provincially Administered Tribal Areas (PATA) regions of the country.

In response to a calling attention notice from the National Assembly on Thursday, regarding the proposal to withdraw tax and duty exemptions for these regions, the minister informed the assembly that these exemptions had been in place for six years and were now going to expire on June 30 of the current year.

Muhammad Aurangzeb further stated that he is in contact with the business community regarding deliberation on the upcoming budget, as the community was also advocating for a level playing field for all industries along with their request of the removal of provincial tax treatment and concessions, across the country.

Possible Tax Imposition in FATA, PATA

It is worth mentioning here that people from PATA (Provincially Administered Tribal Areas) including Dir, Swat Chitral etc, registered a shutdown protest the other day across Malakand Division as they were opposing taxes and duties in the area which are expected to be placed after 30th June in the line of 18th amendment passed in 2018.

They are of the view that being the autonomous states some 6 to seven decades ago, they were promised no additional taxes and being the backward region they could not afford such taxes like the settled areas of the country.

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