ISLAMABAD: The Federal Board of Revenue (FBR) announced on Friday that dealers and retail outlets of petrol pumps are exempt from the Advance Income Tax (AIT).
The FBR’s announcement comes amidst an ongoing country-wide strike by petroleum dealers, who vehemently opposed the government’s decision to subject the sector to the collection of AIT from petrol pumps under section 236H of the Income Tax Ordinance (ITO).
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