The World Bank has suggested taxing those earning Rs 50,000 and below.
The World Bank has said that the shopkeepers should be brought into the tax net and the tax-free income limit should be reduced while the personal income tax structure should be simplified.
The World Bank has said that those with a monthly income of Rs 5 lakh should be taxed at the rate of 35%.
The World Bank says that the federal government should not spend on the sectors that come under the jurisdiction of the provinces, the seventh National Finance Commission should be re-examined and the plan of financing should be decided in the federal and provincial jurisdictions.
The World Bank says that in the agricultural sector, owners of 12 and a half acres of land should be taxed, development projects started without proper preparation and evaluation should be terminated.
setTimeout(function(){
!function(f,b,e,v,n,t,s)
{if(f.fbq)return;n=f.fbq=function(){n.callMethod?
n.callMethod.apply(n,arguments):n.queue.push(arguments)};
if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;
n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t,s)}(window,document,’script’,
‘https://connect.facebook.net/en_US/fbevents.js’);
fbq(‘init’, ‘836181349842357’);
fbq(‘track’, ‘PageView’);
}, 6000);
/*setTimeout(function(){
(function (d, s, id) {
var js, fjs = d.getElementsByTagName(s)[0];
if (d.getElementById(id)) return;
js = d.createElement(s);
js.id = id;
js.src = “//connect.facebook.net/en_US/sdk.js#xfbml=1&version=v2.11&appId=580305968816694”;
fjs.parentNode.insertBefore(js, fjs);
}(document, ‘script’, ‘facebook-jssdk’));
}, 4000);*/