Rejecting New Taxes 2021

Author: Awais Kayani
Rejecting New Taxes 2021, Third Amendment

The new tax laws in the Third amendment bill 2021 were presented to Senate’s standing committee for approval and recommendation.

The recommendation was to be based on the number of majority of votes by the current senate standing committee. The tax laws were presented on Thursday on the subject of finance.

The committee was led by the chairmanship of Talha Mehmood of Jamiat Ulema-I-Islam. The committee rejected a few taxation laws on majority ruling. The committee rejected the following Tax laws amendments:

  1. To disconnect the electricity and gas supply connections of traders that are not registered for sales tax.
  2. To add 14% tax on import of re-meltable scrap if imported by steel-melters.
  3. Giving the power to tax authority to disable mobile phones or mobile phone SIMS if the person does not appear on the active tax player list (ATL) and also issue an income tax general order.
  4. Omission of prosecution for unauthorized disclosure of information by a public servant.
  5. Additional advance tax from professionals not appearing on the active taxpayer list.

Read More: Karachi is Overcrowded - Investment in Bin Ahsan & Tower 51

Although these tax laws are one of the different ways the government thought of generating revenue, however many people feel like the government is trying to push luck and make the “most out of” this situation of chaos in Pakistan.

As per Senator Mohsin Aziz

“It’s a way of harassment,”

Hey? Is there a home for sale near me? We can help you find one! Get 20% off right away. Contact us and avail this opportunity!

Get In Touch with Us

Real Estate Investment has many advantages, from being a stable and great source of passive income to building your equity. There are many ways to appreciate your net worth but investing in Real Estate provides the most value. We have listed Apartments for sale.

You may contact us at Redbox, A Real Estate Company if you have any queries regarding any investment. You may read our other articles to fulfill your investment knowledge base and what’s in trend right now. You can also contact the author of this article at or at if you have any queries.

Email Listing! Join us in our journey for premium and rich Real Estate content by listing yourself with us through your email, so you do not miss any of our updates! And get exclusive content with a frequency of once a week.

A Quick Sponsor: If You're looking for an opportunity like ‘if there are any Plots for sale in Bahria town Karachi?’ a real estate company is always ready to help you! You can contact us at Redbox anytime for a free consultation.