Chambers, trade associations unite to raise voice for resolution of issues

Representatives from almost all chambers of commerce and industry and trade associations of the country gathered at Karachi Chamber of Commerce and Industry (KCCI) for presenting joint budget proposals to the govt. The participating business leaders called for withdrawal of various amendments through the finance bills since 2013 regarding powers of FBR officials. Vice Chairman, BMG in KCCI and former president KCCI Haroon Farooki, urged that tax audits be conducted under well-defined audit parameters which should be promulgated in consultation with all stakeholders and must have cover of law. He further said that every individual trader has been assigned the task of withholding tax collecting agent, which is further adding to the problems of the business community. After deliberating on various issues and govt. policies relating to trade and industry, they reached a consensus to collectively raise their voice for the relief of the businessmen. They argued that it is imperative for the business community to unite and raise collective and forceful voice for resolution of their grievances.

Leave a Reply