'Value added tax can be postponed'
The value added tax is compulsory, but it can be postponed for one or two years before structural problems in the economy are resolved, experts say.
The government has decided that the services sector and capital gains of real estate would be taxed from the next fiscal year and the existing tax net would be expanded to meet the higher revenue collection target for 2009-10, Secretary Finance Salman Siddiqui said here on Tuesday.