Additional tax on electricity bills will apply to unregistered home-based businesses under Tax Laws (Third Amendment) Ordinance-2021, says the Federal Board of Revenue FBR.
Lahore: Another gift for inflation-stricken people, the government has announced an additional tax on the electricity bills of domestic workers. According to details, member Internal Revenue IR of Federal Board of Revenue (FBR) Qaiser Iqbal has said that additional tax will be levied on unregistered persons doing business from home.
Qaiser Iqbal held a press conference with Anjuman-e-Tajiran President Kashif Chaudhry. Addressing a press conference, Qaiser Iqbal said that the talks of small traders with FBR have been successful. In the age of social media, misunderstandings were being spread regarding the Presidential Ordinance. It will not be on the traders. It has been made clear that the sales tax of the small trader is deducted from the electricity bill.
He said that additional tax would be levied on the electricity bills of people who are doing business from home but are not registered.
Complete FBR Circular No.7 of 2021-2022, Islamabad, the 23d September 2021 may be downloaded from the following link:
https://download1.fbr.gov.pk/Docs/2021923179152610circular723sep2021.pdf
Qaiser Iqbal said that he was consulting Tax Laws (Third Amendment) Ordinance-2021 with small traders to remove their doubts about this amendment. The commissioners were being asked to listen to the concerns of traders and resolve them at the local level.
He announced to postpone the September 27 protest.
A few days ago, a notification was issued to impose an additional tax on unregistered industrial and commercial consumers and gas consumers.
According to the notification, 5 to 17 per cent additional tax will be levied on the bills of non-filer commercial consumers, while 5 per cent on the bills of commercial consumers up to Rs 10,000 per month, Additional tax of 7% will be levied on the bill of Rs 10,000 to Rs 20,000 per month and 10% additional tax will be levied on the bill of Rs.20000 to Rs.30000.
According to the notification, 12 per cent additional tax will be levied on bills of Rs 30,000 to Rs 40,000 per month, 15 per cent on bills of Rs 40,000 to Rs 50,000 per month and 17 per cent on bills above Rs 50,000 per month.
Leaders of opposition parties termed this Presidential Ordinance to impose an additional tax on consumers as cruel. Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari said, “Now the tide has turned. If we want to get rid of inflation, the government has to send it home.” Called government economic terrorism against the people.