Chairman FBR apprised of the gloomy situation in FPCCI
ISLAMABAD: President Pakistan Businessmen and Intellectuals Forum and former minister for Information Technology-Sindh Mian Zahid Hussain urged Federal Board of Revenue Chairman Tariq Bajwa to plug loopholes causing tax evasion and other irregularities in the system.
He added that the Apex tax body should employ latest IT infrastructure and improve capacity of staff to enhance collections, without hurting existing taxpayers, so that dependency on grants could end.
Talking to Chairman FBR Tariq Bajwa in Karachi, he said that misuse of authority can be stopped by revisiting certain laws, rules, and regulation to document economy and increase tax base to boost the volume of revenue in the economy.
Internationally agreed practices should be adopted so that no-one gets impression of repressive tax regime, he demanded.
Mian Zahid Hussain drew attention of Chairman FBR to the sad state of affairs in the FPCCI saying that members of the opposition are not invited to the important meetings in the Apex Chamber.
The genuine problems of those who didn’t vote for the sitting panel are also ignored and a large number of businessmen belonging to opponent group have no say at all, he added.
At the occasion, Chairman FBR Tariq Bajwa said that serious efforts are underway to bring FBR at par with the tax authorities of the developed countries without which country cannot climb ladder of success.
He said that he is available to resolve the issues of the business community irrespective of their affiliations and that he should be directly contacted in this regard.
He invited Mian Zahid Hussain to come to Islamabad with a delegation for detailed meeting to hammer out issues of the business community and also sought concrete budget proposals.
