ICCI: Government asked to broaden tax net

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) President Shahban Khalid on Thursday urged the government to broaden the tax net to ensure sustainable economic growth and development. He said that the government should set the annual tax target on an equality basis and impose taxes on all industries on a performance basis. Khalid said that the business community never opposed levying tax, however, he demanded to consult them before imposing new taxes. He said that Pakistan’s road shows for issuance of euro bonds have helped presented the soft image of the country at the international markets. Khalid urged the government to consult the business community to devise a joint strategy to cope with the economic challenges.

Published in The Express Tribune, April 11^th, 2014.