IEA Waives Tradespersons From ‘Fixed Tax’ Whose Annual Sales Reach up to 2 million Afs!

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Thu, May 30 2024 2:18 PM
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‘The Meeting Announcing the Exemption & Discounting of Fixed Tax on the Tradespersons (shopkeepers and traders)’ was held at GMIC with the participation of Deputy Minister of PM for Administrative Affairs, Maulawi Abdul Salam Hanafi, the Minister of Finance Alhaj Mullah Muhammad Naser Akhund and a number of senior officials.
Based on the special order of the supreme leader of IEA, H H Amir Al-Momineen (may Allah protect him), tradespersons and businessmen are waived completely from ‘Fixed Tax’ whose annual sales are up to two million Afs; However, above this, a ‘Fixed Tax’ of 0.3% is charged from the sales.
The Union of Tradespersons had had the privilege of waiving of the annual sales up to 150,000 Afs before the decision was taken, which a tax of 0.5% was levied on the above sales.

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