AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)

All Pakistan Tax Bar Association (Aptba) has flayed the remarks of Member CBR Direct Taxes Vakil Ahmed Khan, allegedly against the tax practitioners and demanded of his immediate removal.
Aptba President Naeem Shah while lashing out at Vakil Ahmed Khan for his remarks, said in a statement on Wednesday that the bar will soon give strike call with the co-ordination of the District High Court and the Supreme Court bars to protest against what he said "uncalled-for and highly objectionable remarks of the said Member of CBR.
He said Association, in its meeting, has resolved that the country has suffered a great loss because of the actions and policies of the CBR member.
On account of CBR member's policies, the number of income tax return-filers have reduced from 1.l million to one million, he claimed, saying that the said CBR member was providing incorrect data to the nation through media.
He said in 2000, which was the first year of the government, through the tax survey a panic was created throughout the country due to which the graph of country's economy went down to the level of 70 percent, adding million of rupees were spent on the said tax survey to gather the information and data which has not been utilised even after a lapse of four years.
Meanwhile, Naeem Shah said a meeting of the Association was held in the federal capital, which was attended by representatives of 36 tax bars of the country.
The meeting condemned the remarks passed by Vakil Ahmed Khan in a recent interview with a TV channel whereby he alleged that 24 percent of the revenue of the country was being embezzled by the tax practitioners and the chartered accountants.
It strongly condemned these remarks and observed: "The Aptba has the only power to prepare, and plead a tax case, whereas a tax bureaucrat has all the powers to discretion, policy-making, decision-making, and the powers of assessment, which are the means of corruption in the tax system".

Copyright Business Recorder, 2004

Comments

Comments are closed.