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FBR Forms a Committee to Resolve Tax Issues in the Capital Market


FBR Forms a Committee to Resolve Tax Issues in the Capital Market
In a major development to attract investment in the stock market, the Federal Board of Revenue (FBR) has constituted a committee to resolve taxation-related issues pertaining to the capital market including stock market, mutual funds, and real estate investment trust (REIT).
Senior FBR officials told Propakistani that the FBR has issued an office order for the constitution of the said committee. The committee has been constituted following a meeting between the tax authorities and Pakistan Stock Exchange Limited held at the FBR House on November 27, 2020.
The committee comprises members from the FBR, stock market and the Securities and Exchange Commission of Pakistan (SECP) for introducing capital market reforms and resolve tax related issues of the stock market, top FBR officials added. ....

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