ICMA Pakistan has called for simplifying tax structure
(WorldNews Pakistan)

KARACIH: ICMA Pakistan, in its pre-budget proposals 2019-20 to the government, has called for simplifying the present tax structure which signify a major impediment in ease of doing business reforms. In this context, it has proposed that there should be a single mode for determining income tax liability i.e. net income basis instead of several modes which are presently applicable viz. net income basis, final taxation regime, minimum tax on turnover, alternate corporate tax, minimum...