Tuesday , June 2 2020

Traders’ Protest Enters in the Second Day on Wednesday

Trader's Protest

Shops across the country have been shut down as traders march against the government’s result to charge them higher sales tax.

Trader’s connotations called for two days of close down protests across Pakistan and on Wednesday, the protest movement in its second day.

They have been complaining against the sales tax process, a new disorder needing them to arrange for CNICs on transactions over Rs 50,000, the veil of secrecy tax on income and reread sales tax on used mobile phones. Traders met the government in Islamabad for talks which failed after the Federal Board of Revenue (FBR) rejected to end or submit the condition for traders to arrange for CNICs on transactions up to Rs50, 000.

The protesting traders had asked the Federal Board of Revenue to also end the condition or submit it for six months. Khawaja Shafique, an illustrative of the All Pakistan Anjuman-e-Tajiran, established that the FBR had disallowed their demands.

Related: Federal Budget with a total outlay of Rs7022bn announced

Karachi, Lahore, Rawalpindi, Islamabad, Quetta, and Peshawar, as well as other cities, saw their major markets closed for the second day on Wednesday. In Sialkot, traders put posters up in support of the protest but didn’t close their stores. Differences advanced between traders in Abbottabad over closing their stores.

In cities like Karachi and Lahore, big markets were shut but markets in posh areas continued open. The traders have cautioned that if the government does not accept their demands, the protest will run on to Thursday.

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