Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Lahore

Trade body agrees to 10pc tax on businessmen to promote education

byCustoms Today ReportandSaleem Jadon
09/10/2013
in Lahore, Latest News, Trade Associations
Share on FacebookShare on Twitter

LAHORE: All Pakistan Anjuman-e-Tajran Senior Vice Chairman Ajmal Baloch has agreed to the proposal of imposing 10 per cent additional income tax on the business community for the promotion of quality education in the country.

The agreement came at a meeting between Baloch and Jahangir Akhtar, a veteran social and political activist who thinks lack of educational opportunities as the mother of all evils in the society.

You might also like

Sindh CM Murad Ali Shah, China’s Hubei province eye stronger trade, tech ties

15/10/2026

SECP proposes national digital market to secure better prices for farmers

15/10/2026

On the occasion, Baloch said that the proposal of voluntary submission of additional tax by the business community is an effective strategy to transform children into responsible and productive citizens. He said that 37 per cent of the total population is less than 14 years of age while half of these children have never attended school. “Uneducated youth are a major and permanent threat to our national security and prosperity which is yet to be realised,” he added.

Baloch who is also Central Organising Secretary of the Traders Action Committee said that he has agreed to the proposal but he will have to seek the consent of the members to make it a reality. He said that social development is only possible through human development and education is the prerequisite for it which if not realised will lead the country into a civil war.

The business community wants to pay taxes but they know that their money would be wasted on the luxuries of the few, he lamented.

Speaking at the occasion, Jahangir Akhtar said that the business community should come forward as the government does not have resources to make the country a prosperous nation by providing quality education to all.

Tags: Trade Associations

Related Stories

Sindh CM Murad Ali Shah, China’s Hubei province eye stronger trade, tech ties

byCT Report
15/10/2026

WUHAN: Sindh Chief Minister Syed Murad Ali Shah met with senior officials of China’s Hubei province to expand cooperation in...

SECP proposes national digital market to secure better prices for farmers

byCT Report
15/10/2026

ISLAMABAD: The Chairman, Securities and Exchange Commission of Pakistan (SECP) Dr Kabir Ahmed Sidhu has proposed establishing a national agricultural...

Pakistan falls short of Sukuk target despite receiving Rs796b in bids

byCT Report
15/10/2026

KARACHI: The government raised Rs. 294.7 billion through a hybrid Sukuk auction at the Pakistan Stock Exchange (PSX). However, the...

Textile mills seek 50 MW of cheap electricity from Punjab govt

byCT Report
15/10/2026

KARACHI: The All Pakistan Textile Mills Association (APTMA) has expressed interest in purchasing 25 to 50 megawatts (MW) of electricity...

Next Post

RTO-II Chief Commissioner for early execution of refund, ST cases

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.