Finance division's clarification on 'Taxing the poor's savin

Finance division's clarification on 'Taxing the poor's savings'


Finance division’s clarification on ‘Taxing the poor’s savings’
July 25, 2021
ISLAMABAD: In an article, titled ‘Taxing the poor’s savings’, published in The News on July 17, 2021, Muhammad Ejaz-ul-Haq and Muhammad Tariq raised a number of concerns regarding the changes in the tax policy applicable to the income from deposits and investments.
The article is misleading as it is based on a poor understanding of benefits available under the national saving schemes (NSS) and the applicable tax regime in the country. We would restrict this response to the policy changes, introduced in the budget and would argue that the changes would have no impact on earnings of the investors in NSS.

Related Keywords

Islamabad , Pakistan , Muhammad Tariq , , Muhammad Ejaz Ul Haq , Behbood Saving Certificates , Pensioner Benefit Accounts , Shuhada Family Welfare Account , இஸ்லாமாபாத் , பாக்கிஸ்தான் , முஹம்மது தாரிக் , ஓய்வூதியதாரர் நன்மை கணக்குகள் , ஷுஹாதா குடும்பம் நலன்புரி எண்ணுதல் ,

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