Businessman welcomes tacking back FBR’s authority of arresting traders over tax default

Author: APP

Former President Peshawar Chamber of Small Traders and Industry Muhammad Atif Haleem, while welcoming government’s decision of taking back FBR’s authority of arresting traders over tax default, termed it a good omen for commercial environment of the country.

In a press statement issued here on Friday, Muhammad Atif Haleem welcomed decision taken by Federal Adviser to PM on Commerce, Abdul Razak Daud.

After taking back of FBR’s authority, the business community of the country will work freely in fearless environment and contribute in nation building by paying taxes, Atif commented. He said the trading community of the country is already under severe financial stress due to the pandemic and is still cooperating with government institutions for the sake of bringing stability in the country. He demanded the government to fulfill all other demands of the business community so economic activity could be boosted in the country and collection of taxes be increased as well. He also requested trading community to make correct mention of commercial assets in returns because concealing of tax is not only a crime but also an immoral practice.

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