"The traders have been disillusioned by the government's policies and the regressive taxes," he said. Mir added that he believed in a negotiated settlement of disputes and with such an intention he remained part of the team that negotiated with the government of Pakistan Tehreek-e-Insaf (PTI).
He said that if the state provided facilities to traders, they will be willing to pay all the due taxes. He added that the business community that turned up against the government can extend cooperation and help the government reduce internal and external loans only if they are considered stakeholders and consulted accordingly in policy making.
"Unfortunately, the government is not implementing a trade-friendly policy. Rather, its policies have been directly hurting trade and the economy." Mir maintained that providing a copy of the national identity card for a transaction is not a problem for traders. "We are ready to give the NIC cards if we are assured that they won't ask about our financial records of the last six years."
He asserted that the traders will not act as withholding tax agents for the Federal Board of Revenue. The association's central general-secretary opposed the levying of 1.5 per cent tax on the profits of traders, arguing that their actual profit after deducting the cost was hardly around 1 per cent. He said the traders will be willing to pay between 0.25 per cent to 0.5 per cent tax.
Mir offered the government to accept their demands so that they may withdraw the call for a countrywide strike. He reiterated that the traders are not a tool of some political agenda and their protests are only aimed to reverse the government's adverse economic policies.
The association's Sindh President, Abdul Qayum Qureshi, and General-Secretary Muhammad Ameen Memon also spoke.
Published in The Express Tribune, October 21st, 2019.
COMMENTS
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ