Chairman FBR Shabbar Zaidi has emphatically stated that no tax has been imposed on edible items including the flour.
Addressing a news conference in Islamabad on Friday, he said our target is to broaden the tax net. However, we will not take any decision that hurts our industry or trade.
The Chairman regretted that the ratio of those paying sales tax is very low.
Moreover, Chairman FBR said that detailed negotiations have been held with the businessmen and the traders to address their concerns. He said there is no deadlock in negotiations.
Shabbar Zaidi expressed satisfaction that the textile sector is on the path of development and it will be facilitated.
But media reports said otherwise that the authorities have succumbed to Nanbai pressure of the strike call if the price of roti and naan (traditional bread not increased.
The Lahore Nanbai Association has on Friday hinted at rising naan and roti [traditional breads] prices after imposition of the General Sales Tax (GST).
According to details, the nanbais [bakers] have declared that the rates will be surged on Monday if the government does not withdraw the GST. The price of roti and naan will be Rs15 and Rs20 after the hike.