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Thursday November 21, 2024

Taxation: FBR to gradually abolish presumptive tax regime: Shabbar

By Javed Mirza
May 19, 2019

KARACHI: The Federal Board of Revenue (FBR) will gradually eliminate the fixed or presumptive tax regime (FTR), which is not based on net income basis, as it is unjustified, its chief said on Saturday.