No new tax on stock brokers: CBR chief
Posted on 04.18.05 by StockPK Team @ 11:22 am
Central Board of Revenue (CBR) Chairman Abdullah Yousuf has said no new tax will be levied in any form on stock brokers, nor there is any proposal under consideration in this regard. Talking to a select group of media men after having a detailed meeting with heads and members of Alternate Dispute Resolution Committees (ADRs) at Directorate General of Income Tax Training here Saturday night, he said there was no need to levy another tax on stock brokers as they were already paying withholding tax and capital value tax.
More on:ADR, CBR, CVT, Income Tax