Would take it to 17 percent if monthly revenue collection data showed signs of underperforming against the first quarter of fiscal year 2023 and subsequent targets
Amended bill 2022 may reduce 17 per cent sales tax to only one per cent on the import of active pharmaceutical ingredients with continuation of the zero-rating scheme on local sales
Taxpayers, including the corporate sector, may directly receive audit notices from third-party auditors for detailed scrutiny of tax affairs of registered persons to be selected for audit