KCCI identifies anomalies in budget.

KARACHI -- The Karachi Chamber of Commerce and Industry (KCCI), in a communication to the Chairmen/Co-Chairmen of the Anomaly Committees formed by the Federal Board of Revenue, has pointed out anomalies in the Finance Bill 2020-21 presented by the government on 12 June'2020.

KCCI has specifically mentioned the anomalies created due to various measures in the budget for FY2020-21, pertaining to Income Tax, Sales Tax, Federal Excise Duty and Customs. These anomalies, which adversely affect the trade and industry, will be discussed in the meetings of Anomaly...