MAJOR TAX RELIEF FOR GILGIT-BALTISTAN TRADERS
MAJOR TAX RELIEF FOR GILGIT-BALTISTAN TRADERS
The federal government has approved wide-ranging tax exemptions for GB traders importing goods from China via the Khunjerab Pass. Income tax, sales tax, and federal excise duty exemptions have been granted on over 2,400 items, subject to an annual cap of Rs 4 billion. The concessions apply strictly to locally domiciled traders and are enforced through a quota-based digital clearance system. Any diversion of exempted goods outside GB can result in partial or complete withdrawal of the concession, signaling strict monitoring by customs authorities.
Feedbacks
Excellent session! I feel much more confident about managing my taxes now.
The Q&A segment was especially helpful. All my questions were answered patiently.
The speaker explained complex tax topics in simple terms. Great job!
A well-organized event with valuable insights into new tax regulations.
I’ll definitely recommend this session to my colleagues and friends.
The Q&A segment was especially helpful. All my questions were answered patiently.
Very relevant course for everyone & the speaker was very knowledgeable.
General information communicated in a organised way
Overall session been informative.
Helpful insight was provided by the presenter
It was knowledgeable and helpful.
Good session.. simply explained and to the point
