FBR issues notices to IT companies
The tax credit scheme has become a nightmare for the IT sector as the FBR has issued notices to dozens of IT companies by withholding tax exemption certificates, reported 24News HD TV channel on Thursday.
Sources said the FBR had sought 10 documents from the IT companies for tax exemption certificates.
The IT companies stopped investment in Pakistan. The IT exports has started decreasing on monthly basis.
This year, the target for IT exports was set at Rs3.7 billion.