Budget 2020-21: Pakistan Tax Bar Association recommends abolishing minimum tax for 2 years

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Photo: File KARACHI: The Pakistan Tax Bar Association (PTBA) has recommended abolishing minimum tax in case of individuals and Association of Persons (AOPs) for two years in its proposal for budget 2020/2021 considering the adverse impact of COVID-19, reported The News. In its proposal, the apex tax body also proposed the reduction of the minimum tax to 0.5%

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