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LCCI urges FBR to constitute business friendly policies

byCustoms Today Report
24/02/2015
in Uncategorized
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LAHORE: The Lahore Chamber of Commerce & Industry has stated that the Federal Board of Revenue (FBR) should constitute business friendly policies. LCCI also urged to promote consultation culture with the business community.

In a press release issued on Monday, LCCI Vice President Syed Mahmood Ghaznavi said that steps like attachment of accounts would push tax payers to the wall besides denting the reputation of a business-friendly government.
He said that attachment of the bank accounts should be the last but the Regional Tax Offices (RTOs) / Large Tax Payer Units (LTUs) are wasting no time in taking punitive action to meet the revenue targets. He said that the FBR was constituted to facilitate the businessmen but it is presently going the other way.

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