LAHORE: Pakistan Industrial and Traders Association (PIAF) has asked government for single digit sales tax and demanded the government improve tax recovery system.
PIAF Chairman Irfan iqbal has said the government has to take steps to increase exports. The government should produce 70 percent electricity from hydral resources and 30 percent from others.
Most countries of the world imposes single digit sales tax that is fruitful for industry and government also, so government of Pakistan needed to takes such actions, he said.
Iqbal also demanded to increase Tax net and decrease tax percentage and make strong strategy for tax collection.
