Gujrat: Local traders and businessmen have requested the government to reform existing taxation laws and roll back on the strict measures adopted by the Federal Board of Revenue (FBR) against filers, a news source reported.
The representatives of more than a dozen chambers, such as those located in Punjab, Khyber Pakhtunkhwa (KP), Azad Jammu and Kashmir (AJK), Sahiwal, Jhelum, and Khanewal, expressed their views on the matter at a conference hosted by Gujrat Chamber of Commerce and Industry (GCCI) President Aamir Numan.
The attendees stated that they would hold meetings with the government officials concerned in Islamabad between May 16 and 18; in order to discuss the upcoming federal budget for the (fiscal year) FY2019-20, as well as the policies pertaining to the tax reforms.
The business community has also asked the authorities concerned to include representatives of various chambers in state-level visits, in a bid to facilitate the growth of the national economy.
Lahore Chamber of Commerce and Industry (LCCI) President Almas Haider has advocated for a reduction in the excessive duty currently imposed on raw materials; in order to foster the growth of the agriculture sector.