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FBR’s Aggressive Sales Tax Crackdown Sparks Concern Among Foreign Buyers and Textile Exporters

  • Major textile exporters concerned about Pakistan’s international reputation due to FBR’s sales tax crackdown
  • Pakistan Textile Council warns foreign buyers losing confidence in country’s credibility
  • PTC urges government to halt FBR’s campaign, calls it unjustified harassment
  • Textile sector facing disruptions, accounts for 30% of Pakistan’s total exports
  • PTC supports combating tax evasion but condemns current crackdown as harmful to lawful businesses
  • FBR accused of intimidating entrepreneurs and executives under guise of fighting tax fraud
  • Foreign buyers raising red flags, concerned about reliability of Pakistan as a supplier
  • PTC opposes collective punishment of entire business community, calls for end to FBR’s actions
  • PTC urges Prime Minister to intervene and foster constructive relationship between tax authorities and business community for sustainable economic growth.

Source: pkrevenue.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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