Belarusian companies visit ICCI to explore development of business cooperation - Fnni.org

Belarusian companies visit ICCI to explore development of business cooperation - Fnni.org

Islamabad (FNNI) A delegation of Belarusian big companies led by Mr. Vladimir Ulakhovich, Chairman, Belarusian Chamber of Commerce and Industry visited Islamabad Chamber of Commerce and Industry to explore development of business and economic cooperation with Pakistan More »

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Nats’ Stephen Strasburg Relieved by Elbow Diagnosis

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CM FELICITATES PAKISTANI CRICKET TEAM-Fnni.org

CM FELICITATES PAKISTANI CRICKET TEAM-Fnni.org

LAHORE ( FNNI ) CM Punjab M. Shehbaz Sharif has felicitated Pakistani cricket team on winning the second one-day match and the series against West Indies. In a message of felicitation, the CM said that Babar Azam played an important role in the victory in the second one-day match and deserve credit for his second consecutive century. More »

Turkish delegation visits ICCI to explore business collaborations- Fnni.org

Turkish delegation visits ICCI to explore business collaborations- Fnni.org

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The executive committee meeting was held here today with President FCCI Engineer Muhammad Saeed Sheikh in the chair – Fnni.org

FAISALABAD (FNNI) The Executive Committee of the Faisalabad Chamber of Commerce and Industry (FCCI) has condemned the unnecessary tactics employed by tax authorities to harass the existing taxpayers instead of exploring new taxpayers.

The executive committee meeting was held here today with President FCCI Engineer Muhammad Saeed Sheikh in the chair. It noted that the local Regional Tax Office was brutally implementing the tax policy of FBR which is not only fomenting harassment among the existing taxpayers but was also discouraging new assesses to come into the tax net,Rana Sikandar Azam SVP said that the FCCI has the privilege to raise the issue of section 38-A and 40-B of sale tax Act and now all other chambers and trades bodies are protesting against these black laws.

Chaudhry Talat Mehmood said that he is receiving daily 20 to 25 complaints of tax harassment. He told that tax officials have issued notices of Rs. 2 lac to a person with meager financial resources.

Haji Talib Hussain Rana told that notices of 2014 are being issued mow after a lapse of 3 years. He said that due to the harsh government policies the industrial units are slowly dying. He said that in his seizing units only one machine out of 4 is working. He said that tax officials are demanding 2 % tax for the alternate fuel used instead of Sui gas.

Similarly, sale tax and income tax notices are also being dispatched to harass them. He said that in the case of old cases various unnecessary documentations are also being demanded.

President Engineer Muhammad Saeed Sheikh expressed concern over this attitude of tax officials and said that he will take up this issue at all available forums and try to resolve this issue as early as possible.

Vice president Engineer Ahmed Hassan said that actually, nontaxpayers are responsible for the problems of existing taxpayers. He suggested a seminar for the education of nontax payers in order to bring them into the tax net.

Similarly, the tax officials should also contact the office-bearers of local associations and convince them to discharge their national obligation.

Chaudhry Talat Mehmood told that there is a dedicated wing to explore new taxpayers but perhaps it was intentionally ignoring multi-storey plazas cropping up in every nook and corner of the city.

Mr. Rashid Muneer told that government has exempted 5 important export sectors from tax but the commercial exporters supplying to the exporters are forced to pay 2 % in case of the non-registered buyers. He said that now they are being asked to provide proof of those nonregistered buyers or pay 17 % tax in lieu of this sale.

He further told that high court has declared null and void the 2 % tax which was being charged during last 6 months. He requested president FCCI to contact RTO to clarify this issue so that the commercial imports could carry on their normal business acting without any harassment.

President FCCI assured that a meeting will be arranged with the tax officials to seek clarification in this regard.

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