Senate: (No federal tax to be levied on agriculture sector: Senate told)

October 7, 2015 Off By Web Desk

ISLAMABAD: In a written reply during question hour, the Finance Minister Ishaq Dar informed the Senate on Thursday that there is no proposal under consideration to bring agriculture sector into the tax net as agriculture sector is already being taxed through provincial governments.

He said the federal government is empowered to levy taxes on income other than agriculture income and the agricultural income tax falls under the purview of provincial governments. He said Punjab, Sindh, Khyber Pakhtunkhwa and Balochistan are charging tax on the agricultural income.