LAHORE: The Lahore Chamber of Commerce and Industry LCCI president Sheikh Mohammad Arshad urged the Federal Board of Revenue to issue all income tax related documents in our lucid language Urdu to make tax system simple and easy to understand for the business community.
He was addressing a gathering of traders and investors at the LCCI office. The LCCI president said that tax return form should be in the national language and contain only one page so that everyone can understand it easily and can perform his national obligation.
Sheikh Muhammad Arshad said that due to difficult and complicated tax documents in English language, the majority of traders fail to understand which affects the efforts of the government for expansion of tax net.
He said that if Federal Board of Revenue takes this initiative immediately, it would not only strengthen the public-private relations but would also help expand the tax net as businessmen would understand tax documents in a better manner and would come into the tax net voluntarily.
