President of Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain has urged the government to ensure that all the projects initiated by the Federal Board of Revenue (FBR) are completed without any complication that could lead to delay. "FBR has started establishing 41 buildings on the economic corridor to handle tax-related issues. Now government should immediately increase budget and number of employees of the apex tax agency so that it could handle tax matters properly," he proposed.
PBIF president said that local banks are not capable enough to meet the requirements of CPEC hence he urged the government to ask banks to increase their strength and invite big foreign banks to Pakistan's promising market.
"The most important task is establishment of proper facilities on the Pak-China border in Gilgit-Baltistan where the related facilities are not up to the required level," he said. Mian Zahid noted that the current administration has begun giving incentives to the staff of the FBR which will have a positive impact on the overall performance. "The decision of the government to resolve the longstanding disputes between taxpayers and tax collectors is laudable which will reduce the burden on the tax agency," he said. However, he exhorted the government that it must be ensured that no tax payer be harassed as it will discourage the business fraternity.
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