business
April 27, 2016
Government targets higher duties for imported luxury goods
FBR mulls 5 to 35pc regulatory duty KARACHI: The government is mulling to increase regulatory duties on the imported luxury retail goods, and could also bring some new consumer items in the tax net in an attempt to dampen rising import bill, a senior official said on Tuesday. The official said the Federal Board of Revenue was likely to recommend the government to extend regulatory duty on several imported goods and also to rationalise the levy in the range of 5.0 percent to 35 percent on...