Asks the business community to send in recommendations next month.
The Federal Board of Revenue (FBR) sought viable proposals from the Federation of Pakistan Chamber of Commerce and Industry (FPCCI) and all its affiliated chambers across the country for the forthcoming national annual budget 2013-2014.
FBR Chairman Ali Arshad Hakeem told APP that the revenue board had asked the FPCCI and all its affiliated chambers to submit viable suggestions and proposals for consideration by the first week of the next month.
Chief spokesperson of FPCCI and the vice president of the South Asian Association for Regional Cooperation (Saarc) Chamber of Commerce and Industry, Pakistan chapter, Iftikhar Ali Malik told APP that the FPCCI will finalise its budget proposals for the next fiscal year in the light of suggestions of the affiliated chambers.
He said that federation chief and the vice presidents will hold a series of meetings at its regional offices with the presidents of affiliated chambers, registered trade bodies and associations to come up with viable proposals and future strategy to be taken up with federal mini-series and chairman of the FBR.
The affiliated chambers have also been directed to convene specific meetings to give a final shape to their respective proposals which must reach the federation soon. The purpose is to have a direct one-on-one interaction with business leaders to discuss budgetary proposals for the next fiscal year and to help resolve trade issues.
Malik said that the FBR chief had fully assured to solve all genuine grievances of traders and the business community on top priority. He said the FBR will attach great importance to viable proposals by the federation to accelerate the pace of development and provide impetus to the industrial sector.
Published in The Express Tribune, February 17th, 2013.
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I am Citizen of Pakistan. I have been filing Annual Tax Retun for more than Forty Five Years. Today I am Sixty Years Old, I receive No Benefit from Government of Pakistan in my Retirement Years. I will be filing Tax Return for 2013. My Tax Money will apply toward Perks, Benefit, Medical, and Retirement Allowence for Federal Employeee including the Armed Forces of Pakistan. The Chairman of FBR ask suggestion every year yet My Needs in My Retirement and Medical Benefit are compromised. What good is there in my Sunrise Years..!!!!!!! Its just a Wasteful Exercise the FBR carries out. There need to be a Retirement Benefit Plan for Citizen of Pakistan who have been Filing Annual Tax Return. Respect Us and Sincerely make a Retirement Benefit Plan for those who file Annual Tax Return. Ye Jivan Hai, Is Jivan Ka Bhi Khyal Karae. Pakistan Paindabad.
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