07. 06. 17
Builders and developers cheated Govt on tax matters: PEW
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Immediate action against builders, withdrawal of special tax demanded
The Pakistan Economy Watch (PEW) on Tuesday said the builders and developers cheated government on the issue of tax, therefore, an action should be taken against leaders of this sector.
Last year government imposed some taxes on this sector which resulted in massive protests after which the leaders of the construction industry assured the government that tax collections would be increased if their demands are accepted, it said.
Subsequently, the government accepted their demand to bring this sector into special tax regime as the builders promised to boost tax collection to 25 billion rupees, said Dr Murtaza Mughal, President PEW.
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