Press Release Clarifies Social Media Misinformation, Assures No New Tax Burden
Muzaffarabad, Azad Kashmir – The Azad Kashmir Central Board of Revenue has firmly refuted circulating social media reports alleging significant tax increases in the region. In an official press release, the Board declared these reports as “misleading and baseless,” emphasizing their lack of factual accuracy.
No 50% Tax Hike Proposed, Assures Revenue Board
Secretary of the Azad Kashmir Central Board of Revenue, Ishtiaq Ahmed, explicitly addressed the swirling rumors, specifically denying any plans to implement a 50 percent increase in general tax rates. He stated unequivocally that “no such policy or measure for a 50% tax rate hike is under consideration.”
Education Tax Increase Claims Denied
Furthermore, the press release directly tackled claims of a 50 percent surge in education taxes. Mr. Ahmed clarified that “the news regarding a 50% increase in education taxes is completely devoid of truth,” effectively dispelling these unfounded reports.
Azad Kashmir Shields Public from Pakistan Finance Act 2024
In a significant move to protect its citizens from increased financial strain, the Azad Kashmir government highlighted its decision regarding the Pakistan Finance Act 2024. While acknowledging that the Government of Pakistan implemented tax hikes under this act, the Azad Kashmir administration has chosen not to extend its implementation within Azad Kashmir’s jurisdiction. This decision, as stated in the press release, is intended to provide substantial relief to the people of Azad Kashmir by shielding them from the federally mandated tax increases.
Public Urged to Rely on Official Information
Officially signed by Secretary Ishtiaq Ahmed, the press release serves as the definitive government response to the online misinformation. The Azad Kashmir Central Board of Revenue urges the public to disregard unsubstantiated social media claims and to seek accurate information regarding tax policies directly from official government channels.