Political parties exempted from filing income tax returns, paying taxes

The national flag is seen on the Federal Board of Revenue (FBR) office building in Karachi, Pakistan August 29, 2018. (REUTERS/File)

June 16: The Express Tribune report by Shahbaz Rana states that the government has proposed to exempt all registered political parties of Pakistan from the legal obligation of submitting their annual income and wealth record while also declaring their incomes tax-free, Finance Bill 2021 revealed on Friday.

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