{"id":259222,"date":"2022-05-08T09:33:34","date_gmt":"2022-05-08T04:33:34","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=259222"},"modified":"2022-05-08T09:33:34","modified_gmt":"2022-05-08T04:33:34","slug":"govt-to-introduce-fixed-tax-system-reduction-in-withholding-tax-in-budget","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/govt-to-introduce-fixed-tax-system-reduction-in-withholding-tax-in-budget\/","title":{"rendered":"Govt to introduce fixed tax system, reduction in withholding tax in budget"},"content":{"rendered":"<p> ISLAMABAD<br \/>\nThe federal government has agreed with the traders to introduce a fixed tax system and a reduction in the withholding tax from 4.5 per cent.<br \/>\nAccording to a private news channel, this was committed by Federal Minister for Finance Miftah Ismail in a meeting with traders on Saturday in Islamabad.<br \/>\n  The channel report said a delegation led by Federation Chamber President Irfan Iqbal Sheikh and the Federal Bureau of Revenue (FBR) Chairman called on the Finance Minister regarding the preparations of the budget 2022-23.<br \/>\nThe delegation was comprised of the Federation\u2019s President Irfan Iqbal Sheikh, Senior Vice President Salman Chawla, Regional Chairman Punjab Nadeem Qureshi, Vice President Engineer Jabbar, Chief Coordinator Muhammad Ali Mian, Chaudhry Waheed, Tanveer Sheikh, and Mirza Abdul Rehman.<br \/>\nDuring the meeting between the traders\u2019 delegation and the finance minister to bring a fixed tax system for small traders and reduce the withholding tax to less than 4.5 per cent. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD The federal government has agreed with the traders to introduce a fixed tax system and a reduction in the withholding tax from 4.5 per cent. According to a private news channel, this was committed by Federal Minister for Finance Miftah Ismail in a meeting with traders on Saturday in Islamabad. The channel report said [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-259222","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Govt to introduce fixed tax system, reduction in withholding tax in budget<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/govt-to-introduce-fixed-tax-system-reduction-in-withholding-tax-in-budget\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt to introduce fixed tax system, reduction in withholding tax in budget\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD The federal government has agreed with the traders to introduce a fixed tax system and a reduction in the withholding tax from 4.5 per cent. According to a private news channel, this was committed by Federal Minister for Finance Miftah Ismail in a meeting with traders on Saturday in Islamabad. The channel report said [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/govt-to-introduce-fixed-tax-system-reduction-in-withholding-tax-in-budget\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-08T04:33:34+00:00\" \/>\n<meta name=\"author\" content=\"Web Desk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:site\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Web Desk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/govt-to-introduce-fixed-tax-system-reduction-in-withholding-tax-in-budget\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/govt-to-introduce-fixed-tax-system-reduction-in-withholding-tax-in-budget\\\/\"},\"author\":{\"name\":\"Web Desk\",\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/#\\\/schema\\\/person\\\/6ef8309590ff620a99ce35559f54fd62\"},\"headline\":\"Govt to introduce fixed tax system, reduction in withholding tax in budget\",\"datePublished\":\"2022-05-08T04:33:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/govt-to-introduce-fixed-tax-system-reduction-in-withholding-tax-in-budget\\\/\"},\"wordCount\":165,\"publisher\":{\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/#organization\"},\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/govt-to-introduce-fixed-tax-system-reduction-in-withholding-tax-in-budget\\\/\",\"url\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/govt-to-introduce-fixed-tax-system-reduction-in-withholding-tax-in-budget\\\/\",\"name\":\"Govt to introduce fixed tax system, reduction in withholding tax in budget\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/#website\"},\"datePublished\":\"2022-05-08T04:33:34+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/govt-to-introduce-fixed-tax-system-reduction-in-withholding-tax-in-budget\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/govt-to-introduce-fixed-tax-system-reduction-in-withholding-tax-in-budget\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/govt-to-introduce-fixed-tax-system-reduction-in-withholding-tax-in-budget\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Govt to introduce fixed tax system, reduction in withholding tax in budget\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/\",\"name\":\"Daily Lead Pakistan\",\"description\":\"Daily Lead Pakistan\",\"publisher\":{\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/#organization\",\"name\":\"Daily lead Pakistan\",\"url\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/logo3.jpg\",\"contentUrl\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/logo3.jpg\",\"width\":1000,\"height\":154,\"caption\":\"Daily lead Pakistan\"},\"image\":{\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/DailyLeadPak\\\/\",\"https:\\\/\\\/x.com\\\/DailyLeadPak\",\"https:\\\/\\\/instagram.com\\\/DailyLeadPak\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/#\\\/schema\\\/person\\\/6ef8309590ff620a99ce35559f54fd62\",\"name\":\"Web Desk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/41f05ebf0a510062a26cf1d9e662155a6901c6733aa66a6c0f61daea3d680dc7?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/41f05ebf0a510062a26cf1d9e662155a6901c6733aa66a6c0f61daea3d680dc7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/41f05ebf0a510062a26cf1d9e662155a6901c6733aa66a6c0f61daea3d680dc7?s=96&d=mm&r=g\",\"caption\":\"Web Desk\"},\"url\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/author\\\/edt\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Govt to introduce fixed tax system, reduction in withholding tax in budget","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/leadpakistan.com.pk\/news\/govt-to-introduce-fixed-tax-system-reduction-in-withholding-tax-in-budget\/","og_locale":"en_US","og_type":"article","og_title":"Govt to introduce fixed tax system, reduction in withholding tax in budget","og_description":"ISLAMABAD The federal government has agreed with the traders to introduce a fixed tax system and a reduction in the withholding tax from 4.5 per cent. According to a private news channel, this was committed by Federal Minister for Finance Miftah Ismail in a meeting with traders on Saturday in Islamabad. The channel report said [&hellip;]","og_url":"https:\/\/leadpakistan.com.pk\/news\/govt-to-introduce-fixed-tax-system-reduction-in-withholding-tax-in-budget\/","og_site_name":"Daily Lead Pakistan","article_publisher":"https:\/\/www.facebook.com\/DailyLeadPak\/","article_published_time":"2022-05-08T04:33:34+00:00","author":"Web Desk","twitter_card":"summary_large_image","twitter_creator":"@DailyLeadPak","twitter_site":"@DailyLeadPak","twitter_misc":{"Written by":"Web Desk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/leadpakistan.com.pk\/news\/govt-to-introduce-fixed-tax-system-reduction-in-withholding-tax-in-budget\/#article","isPartOf":{"@id":"https:\/\/leadpakistan.com.pk\/news\/govt-to-introduce-fixed-tax-system-reduction-in-withholding-tax-in-budget\/"},"author":{"name":"Web Desk","@id":"https:\/\/leadpakistan.com.pk\/news\/#\/schema\/person\/6ef8309590ff620a99ce35559f54fd62"},"headline":"Govt to introduce fixed tax system, reduction in withholding tax in budget","datePublished":"2022-05-08T04:33:34+00:00","mainEntityOfPage":{"@id":"https:\/\/leadpakistan.com.pk\/news\/govt-to-introduce-fixed-tax-system-reduction-in-withholding-tax-in-budget\/"},"wordCount":165,"publisher":{"@id":"https:\/\/leadpakistan.com.pk\/news\/#organization"},"articleSection":["Business"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/leadpakistan.com.pk\/news\/govt-to-introduce-fixed-tax-system-reduction-in-withholding-tax-in-budget\/","url":"https:\/\/leadpakistan.com.pk\/news\/govt-to-introduce-fixed-tax-system-reduction-in-withholding-tax-in-budget\/","name":"Govt to introduce fixed tax system, reduction in withholding tax in budget","isPartOf":{"@id":"https:\/\/leadpakistan.com.pk\/news\/#website"},"datePublished":"2022-05-08T04:33:34+00:00","breadcrumb":{"@id":"https:\/\/leadpakistan.com.pk\/news\/govt-to-introduce-fixed-tax-system-reduction-in-withholding-tax-in-budget\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/leadpakistan.com.pk\/news\/govt-to-introduce-fixed-tax-system-reduction-in-withholding-tax-in-budget\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/leadpakistan.com.pk\/news\/govt-to-introduce-fixed-tax-system-reduction-in-withholding-tax-in-budget\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/leadpakistan.com.pk\/news\/"},{"@type":"ListItem","position":2,"name":"Govt to introduce fixed tax system, reduction in withholding tax in budget"}]},{"@type":"WebSite","@id":"https:\/\/leadpakistan.com.pk\/news\/#website","url":"https:\/\/leadpakistan.com.pk\/news\/","name":"Daily Lead Pakistan","description":"Daily Lead Pakistan","publisher":{"@id":"https:\/\/leadpakistan.com.pk\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/leadpakistan.com.pk\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/leadpakistan.com.pk\/news\/#organization","name":"Daily lead Pakistan","url":"https:\/\/leadpakistan.com.pk\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/leadpakistan.com.pk\/news\/#\/schema\/logo\/image\/","url":"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2022\/04\/logo3.jpg","contentUrl":"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2022\/04\/logo3.jpg","width":1000,"height":154,"caption":"Daily lead Pakistan"},"image":{"@id":"https:\/\/leadpakistan.com.pk\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/DailyLeadPak\/","https:\/\/x.com\/DailyLeadPak","https:\/\/instagram.com\/DailyLeadPak\/"]},{"@type":"Person","@id":"https:\/\/leadpakistan.com.pk\/news\/#\/schema\/person\/6ef8309590ff620a99ce35559f54fd62","name":"Web Desk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/41f05ebf0a510062a26cf1d9e662155a6901c6733aa66a6c0f61daea3d680dc7?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/41f05ebf0a510062a26cf1d9e662155a6901c6733aa66a6c0f61daea3d680dc7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/41f05ebf0a510062a26cf1d9e662155a6901c6733aa66a6c0f61daea3d680dc7?s=96&d=mm&r=g","caption":"Web Desk"},"url":"https:\/\/leadpakistan.com.pk\/news\/author\/edt\/"}]}},"_links":{"self":[{"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/posts\/259222","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/comments?post=259222"}],"version-history":[{"count":1,"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/posts\/259222\/revisions"}],"predecessor-version":[{"id":259232,"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/posts\/259222\/revisions\/259232"}],"wp:attachment":[{"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/media?parent=259222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/categories?post=259222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/tags?post=259222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}