Thread: Exclusive for INCOME TAX
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Old Friday, July 24, 2009
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@Adnan Shahid

The information which you have divulged is true but according to the latest settlement reached between the FBR and the Customs and Excise group IRS would not be headed by one member ( Originally it was to be headed by one member, as Member IRS and that too from Income Tax group ) but by two or may be three members such as Member Excise ( from Customs group ) Member Direct Tax etc. Therefore i do not think that Customs and Excise group would easily let go Sales Tax and Federal Excise which contributes more than 50% to our national Tax collection. Now it might be possible for Income Tax officers to be posted as Ac Sales Tax and above but the head of the department would be from Customs.
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