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Afghan Government increases Taxation as staggering on Sellers

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(Last Updated On: October 25, 2022)

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Afghan Officials in Ministry of Finance has steeply increased taxation on sellers across the country.

Officials in chamber of commerce and industry criticizing the following action saying increasing of taxation on businessmen will create best plat form for spreading of corruption.

Officials in Ministry of finance claimed that decision has been made based on the taxation law.

According to the law of taxation in income each of the sellers shall be responsible to pay taxes over 600,00 Afghani to the Government.

The following taxation will be collected by the officials in Ministry of Finance each four months.

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Head of the chamber of commerce and industry Khan jan Alkozai said,” reformation should be made within the law for taxation in income the recent increasing of the tax for the shopkeepers is unbearable.”

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Officials in Ministry of Finance said,” According to the law in 2011 (1390) the taxation has been 40 % but for the years of 2012 and 2013 the level of taxation from 15 up to 20 percent increased.”

They have also added that every single eligible is responsible to pay taxes, ignoring the case will be a crime.

 

Finance Minister spokesman Abdul Qadir Jilani said,” we don’t have the authority to reform the law,but we also support reformation of the law for taxation, insisted that recent taxation has been made based on the law.”

Meanwhile officials in chamber of commerce and industry complained that by increasing of taxation the custom tariffs on imported goods also increased.

Reported by Nasrat Parsa

 

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Azizi calls on Malaysian investors to invest in Afghanistan

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(Last Updated On: April 24, 2024)

Nooruddin Azizi, Acting Minister of Commerce and Industry, met with representatives from the ministries of foreign affairs, defense and interior of Malaysia, along with other senior officials, on Wednesday and called on Malaysians to invest in Afghanistan.

The visiting delegation is being led by senior diplomat Dr. Shazelina Zainul Abidin.

According to the IEA’s foreign ministry, the two sides discussed bilateral trade, holding a business communication conference to strengthen trade relations between the two countries, the trade balance between Afghanistan and Malaysia, and creating a market for Afghan products, including carpets, cotton, and minerals.

According to the ministry, at the end of the meeting, the Acting Minister emphasized the increase of investment from regional countries in Afghanistan and called on Malaysian investors to also invest in Afghanistan.

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Afghanistan starts exporting via railway to Turkey

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(Last Updated On: April 22, 2024)

The Ministry of Interior says that Afghanistan has started exporting goods to Turkey via the Herat-Khaf railway line.

In a post on X, the ministry said: “Afghanistan’s exports to Turkey started in a calm atmosphere through the Herat-Khaf railway line.”

The ministry added that one train will run daily for a month and then two trains will run daily.

According to the ministry, the security of Khaf-Herat railway line is provided by the guards of the National Public Protection Agency.

Khaf-Herat railway project not only connects Iran and Afghanistan by rail, but also completes a 2,000-kilometer route along the east-west rail corridor from China, through Uzbekistan, to Afghanistan, to Iran, and on to Turkey and Europe.

As a landlocked country, this railway network will provide a safe route to connect with Europe via Iran’s railway network and Iran’s southern ports.

This railway line is strategic for trade between Iran and Afghanistan and will allow six million tons of goods to be sent between the two countries.

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Afghanistan, Kazakhstan to hold joint expo in Kabul

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(Last Updated On: April 21, 2024)

A joint expo between Afghanistan and Kazakhstan will be held in Kabul in the next four days, officials said on Sunday.

Officials of the Ministry of Industry and Commerce said that the two-day expo will be held for the purpose of expanding and strengthening trade relations between the two countries.

“This expo will be held as a follow-up of the Kazakh-Afghan international expo, which was held in the city of Astana, Kazakhstan, with the participation of a large delegation of the government and the private sector of the Islamic Emirate of Afghanistan,” Abdulsalam Javad Akhundzadeh, the spokesman of the Ministry of Industry and Commerce, said.
“At this expo, domestic products from different sectors of Afghanistan and the Republic of Kazakhstan will be put on display for two days.”

According to officials, 40 large Kazakh companies, and 40 large Afghan companies will exhibit their products.

Mohammad Saber Latifi, head of the Afghanistan International Expo Center, said that fruits, minerals and commercial services will be displayed at the expo.

During the expo, various memorandums of understanding for the trade of goods are also expected to be signed by companies.

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