Posted inTech and Telecom
NA Committee Directs FBR to Change Definition of Online Marketplace
The 61st meeting of the National Assembly Standing Committee on Finance and Revenue was held at Parliament House, Islamabad, under the chairmanship of Faiz Ullah, MNA. Minister Finance briefed the Committee about the dialogues with International Monitoring Fund (IMF). The Committee appreciated the briefing, however, indicated some anomalies concerning the budget 2021-22 and suggested the Minister to address the same. The Minister assured the Committee to remove all the anomalies. The Committee directed FBR to remove the definition of online marketplace Section 2 (18-A), the deemed retailer clause within the tier -1 retailer condition section (43-AF), and the changeability of…