SC orders high earners to pay ‘super tax’
The Supreme Court on Tuesday ordered taxpayers earning more than Rs150 million to pay 50% super tax.
A two-member bench of the apex court, headed Chief Justice of Pakistan Umar Ata Bandial, took up the case pertaining to super tax.
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During the hearing, the counsel for the Federal Board of Revenue (FBR) took the stand that super tax has been imposed on high income earners by inserting a new section to the Income Tax Ordinance.
The court ordered the taxpayers with an income above Rs150 million to submit the super tax to FBR within 14 days.
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The chief justice remarked that the FBR should develop a relationship based on trust and love with the taxpayers.
If the FBR expands its tax net, it will be able to win over the trust of taxpayers, the court observed.