Daily Times

ISLAMABAD: Ghazanfar Bilour, President, Federation of Pakistan Chambers of Commerce and Industry has called upon the government to introduce a single digit tax rate in the forthcoming budget that would help in promoting the business activities and improving tax revenue as well.

He was addressing a dinner reception organized by Islamabad Chamber of Commerce and Industry in honor of newly elected Office Bearers of FPCCI.

Ghazanfar Bilour appreciated the move of Miftah Ismail, Advisor to Prime Minister on Finance, Revenue and Economic Affairs for working to bring new taxpayers into the tax net and termed it a right move to improve the tax revenue instead of burdening the existing taxpayers.

He said that government was working to announce a tax amnesty scheme and stressed that the scheme should be across the board.

Ghazanfar Bilour said he has taken up the issue of payment of refunds with the government and informed that the government was working on a new refunds policy through which the refunds would go to the accounts of concerned persons. He stressed that government should establish Special Economic Zones (SEZs) under CPEC all over the Pakistan to promote investment and industrial activities in the country.

He said he would soon call a meeting of all chambers and associations to discuss issues and devise a consensus strategy for the consideration of the government.

Published in Daily Times, January 23^rd 2018.