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Leader of business community and former President FPCCI, S M Munir has emphasised the need that the government must keep zero rated sectors far from Reformed General Sales Tax (RGST).
Speaking at launching of Senator Abdul Haseeb Khan's book "Pakistan Ka Hakim" (Rulers of Pakistan) at a simple ceremony on Friday evening, he said that the postponement of implication of RGST for one month is a blessing in disguise and added that it provided time to interact with authorities to convey them point of view of business community.
Referring to refund of GST, he said that the chairman Federal Board of Revenue (FBR) has hinted that GST will be refunded in just 24 hours under reformed GST system. Munir noted that claims of huge amount of business community have already piled up with FBR and in spite of several promises of releasing it remains with the FBR.
He advised President FPCCI Sultan Chawala to approach chairman FBR and invite him for discussing the issue. Referring to the book, he said that the it has well-described 63 years history of Pakistan and pointed out what various rulers have done with the country during their rule.
He said that the book has noted both good and bad moves of the rulers in a way that the readers can easily understand why the country has reached on its present state of mayhem. President FPCCI, Sultan Chawala said that in 200 pages the writer has described the history of Pakistan without naming any leader but it gives a complete picture of the rulers and what they have done with the country.
Senator Abdul Haseeb Khan said that transgression of the rulers has divided the country into two but they have no tears in their eyes. He said that Pakistan was created for Muslim to have their homeland and live with peace and tranquility but the acts of our rulers have created animosity among masses.
He said it is irony that the country has population of more them 170 million peoples out of them only 2.5m were paying taxes. He said that the country facing serious problems including industries in crises, decline in exports and increase in imports. He opposed privatisation of PIA and Pakistan Steel Mill and suggested that a board should be constituted comprising honest people and the board be made responsible to appoint management to run these units profitably.

Copyright Business Recorder, 2010

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