The law and order situation is worst in the country and the government must take steps to improve it, to protect traders and industrialists by monitoring internal, external routes of industrial estates in Karachi. This demand was raised by Khalid Tawab, vice president of FPCCI while addressing a pre-budget seminar jointly held by FPCCI and ICMAP and organised by the Karachi Branch Council (KBC) of ICMAP the other day.
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has suggested measures to the government for generating Rs 120 billion by imposing a fixed tax on cellular phone connections. There are an estimated 100 million cellular phone connections in the country and the government can levy Rs 100 per phone on monthly basis, he said.
The measure will yield Rs 10 billion revenue per month or Rs 120 billion per annum, he said. He also demanded of the government to withdraw 17 percent sales tax levied. He suggested that financial assistance on easy terms and conditions should be provided to the small and medium enterprises in KP and Balochistan for helping to curtail suicide bomb attacks and unemployment in these regions.
Meanwhile, Dawood Jhakura, vice president of FPCCI, said the government should take measures to reduce poverty and unemployment. He said the federal government, especially shipping ministry, and the shipping companies should take steps to remove exporters' grievances. He said the textile sector is badly affected from electric, gas load shedding and load management in the country, which led to escalate the ratio of unemployment in the country.
Ali Rahim of income tax bar, Javed G. Muhammad, managing director Martin Dow Pharmaceutical limited, Badruddin Fakhri, managing director Galladari Cement (Gulf) Ltd, Muhamamd Hanif Ajari, vice president ICMAP, Adnan Mufti of Shekha Mufti & Co, Tariq Hussain, chairman KBC and Anis ur Rehman secretary KBC also delivered speeches on the occasion.
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