LAHORE: The Lahore High Court (LHC) Monday issued notices to federal law ministry and Federal Board of Revenue on a petition moved by Leader of Opposition in the Punjab Assembly Hamza Shahbaz challenging a notice by the Board for recovery of income support levy.Hamza through his counsel contended that the Inland Revenue department of the FBR unlawfully issued him a notice for the recovery of income support levy. The counsel argued that the purpose of 0.5 percent levy on net moveable wealth, exceeding Rs1 million, was to provide social protection to economically distressed persons and families. He said the social welfare was a provincial subject and the FBR had no jurisdiction to impose the levy in the name of social protection. Justice Asim Hafeez issued notices to the law ministry and the FBR for their written replies by March 19 and also directed the registrar office to consolidate all other identical petitions.
03-13-2019, 02:14 AM
Hamza challenges income support levy
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