| dc.description.abstract | The aim of this paper is to find out whether the new VAT and SD Act, 2012 will be business friendly or not. For this purpose, the opinion of the chairman of NBR, and the viewpoint of many editors of different magazines, newspapers etc. were analyzed. The data were collected from secondary sources – the official website of NBR, different websites, magazine, journals, etc. The paper mainly differentiated between the Value Added Tax, 1999 and The Value Added Tax and Supplementary Duty Act, 2012. The study reveals that the price level of the domestic goods and services will not be increased. There are many advantages and flexible features of the VAT and SD ACT 2012 and for this it will be business friendly. In conclusion, the E-VAT will ensure service to the VAT payers and effectively detect VAT evasion. | en_US |
