ISLAMABAD - Rejecting Reformed General Sales Tax (RGST) on textile sector, sub-committee of the National Assemblys Standing Committee on Finance and Revenue, Saturday, stressed the government to impose tax on agricultural income and eradicate corruption in the Federal Board of Revenue (FBR). The sub-committee of the NA Standing Committee on Finance and Revenue met with Shahnaz Wazir Ali, MNA, in the chair to discuss a host of issues related to taxation of zero-rated sectors and RGST. The committee members were of the view that the government should bring reforms in its tax system rather than putting additional burden on the masses. They further said that the government should eliminate corruption in FBR. Government should impose tax on agricultural income, as like it imposed on other incomes, the members demanded. It is worth-mentioning here that National Standing Committee on Finance and Revenue constituted a sub committee to resolve the issue related to the textile sector with imposition of RGST. The meeting held at the FBR House was the second in a week. According to the handout issued by FBR, several issues relating to the five zero-rated sectors (Textile, leather, carpets, surgical goods and sports) and RGST were discussed extensively. The associations presented their point of view and requested that zero-rating be continued under the existing sales tax regime since removing zero-rating would lead to liquidity issues for these sectors as the refund system/mechanism was not efficient enough. They requested that the intermediary stages not be taxed and some other mechanism may be devised to collect taxes on the domestic sales of these sectors preferably at the retail stage. The Sub-committee appreciated the concerns of the Textile associations and the need to facilitate the sector since it represented a major share of Pakistans exports and decided to consult the retailers and wholesalers before reporting to the National Assemblys Standing Committee on Finance and Revenue. It was also taken into consideration that consultations with representatives of other zero-rated sectors would also be held. The meeting was attended by MNA Kashmala Tariq, MNA Shahid Khaqan Abbassi and MNA Rashid Godil as well as Chairman APTMA, APTPMA, PRGMBA, Surgical Association, PAKSEA and other representatives of leather, carpets, textile, surgical goods and sports goods associations. Chairman FBR Sohail Ahmad and other senior FBR officials were also present