Close Menu
  • Small Business Debt Management
  • Articles
  • Bankruptcy
    • Budgeting
    • Business Credit
  • Business loan
  • Business Tax
    • Debt Consolidation
    • Debt Collection
    • Debt Settlement
  • Insurance
  • Business Credit
What's Hot

Boeing Dreamliner crash, military escalations darken Paris Air Show

Tax gap touches Rs7.1trn mark: FBR says Rs389bn enforcement steps hinge on parliament nod – Business & Finance

Sales Tax Act: Proposed Section 37AA irks businessmen at large – Business & Finance

Facebook X (Twitter) Instagram
Debt Settle Tips – Business Finance & Debt Solutions
  • Small Business Debt Management
  • Articles
  • Bankruptcy
    • Budgeting
    • Business Credit
  • Business loan
  • Business Tax
    • Debt Consolidation
    • Debt Collection
    • Debt Settlement
  • Insurance
  • Business Credit
  • Small Business Debt Management
  • About Us
  • Advertise with US
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
Debt Settle Tips – Business Finance & Debt Solutions
  • Small Business Debt Management
  • About Us
  • Advertise with US
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
Home » PTBA urges President to withdraw tax amendments ordinance – Business & Finance
Business Tax

PTBA urges President to withdraw tax amendments ordinance – Business & Finance

Riley Moore | Debt AgentBy Riley Moore | Debt AgentMay 6, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link Telegram LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email


KARACHI: Pakistan Tax Bar Association (PTBA) has requested President Asif Ali Zardari to immediately withdraw the Tax Amendments Ordinance 2025, terming it as an infringement upon the fundamental rights of taxpayers as guaranteed under the Constitution of Pakistan.

In a letter to President Asif Ali Zardari, the PTBA called for the immediate withdrawal of the ordinance after conducting a thorough review of its provisions.

“Taxpayers are the backbone of our economy,” the PTBA stated. “However, following the 26th Constitutional Amendment, the independence of the judiciary has been restricted even in cases where taxpayers are prima facie entitled to a stay order against the alleged tax demand.”

The bar highlighted a particularly controversial provision requiring taxpayers to deposit 30% of disputed amounts to obtain stay orders, even from high courts.

This requirement places an excessive burden on taxpayers before they can access judicial relief, PTBA said.

The letter further alleged that the ordinance grants taxation officers “unchecked and arbitrary powers” that could lead to harassment and create undue hardship for taxpayers nationwide.

Describing it as the effective nullification of appeal rights, the PTBA claimed that tax demands raised by officers are now recoverable within timelines dictated solely by those same officers, rendering appellate remedies “redundant and ineffective.”

“Such unchecked discretion promotes maladministration and injustice,” the letter warned.

The PTBA expressed concerns about broader economic implications, suggesting that the legislation could damage Pakistan’s investment climate.

“Investors will be reluctant to invest in Pakistan if administrative authorities are empowered with excessive, unregulated authority while removing meaningful recourse to appellate remedies,” the PTBA cautioned.

The tax bar has called for not only the withdrawal of the ordinance but also the suspension of any actions already taken under its provisions.

Copyright Business Recorder, 2025



Source link

Follow on Google News Follow on Flipboard
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link
Previous ArticleTop Trump officials will meet with China amid trade war
Next Article Comcast SpinCo chooses corporate name Versant
Riley Moore | Debt Agent
  • Website

Related Posts

Tax gap touches Rs7.1trn mark: FBR says Rs389bn enforcement steps hinge on parliament nod – Business & Finance

June 13, 2025

Sales Tax Act: Proposed Section 37AA irks businessmen at large – Business & Finance

June 13, 2025

Energy ministry seeks cabinet nod for fuel levies in line with IMF commitments – Markets

June 13, 2025
Leave A Reply Cancel Reply

Latest Posts

Boeing Dreamliner crash, military escalations darken Paris Air Show

Tax gap touches Rs7.1trn mark: FBR says Rs389bn enforcement steps hinge on parliament nod – Business & Finance

Sales Tax Act: Proposed Section 37AA irks businessmen at large – Business & Finance

Trump clears U.S. Steel sale to Nippon Steel, but details of merger still unclear

Latest Posts

EntreLeadership Summit: Dave Ramsey’s Top Leadership Event

June 12, 2025

How to Handle Difficult Conversations as an Educator

June 5, 2025

Aldi vs. Walmart: Which Is Cheaper in 2025?

May 29, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Welcome to Debt Settle Tips – your trusted resource for navigating the complex world of business finances. Our mission is to empower business owners, entrepreneurs, and individuals with the knowledge they need to make informed financial decisions.

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Small Business Debt Management
  • About Us
  • Advertise with US
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 debtsettletips. Designed by debtsettletips.

Type above and press Enter to search. Press Esc to cancel.