AIRLINK 193.30 Decreased By ▼ -1.71 (-0.88%)
BOP 9.86 Increased By ▲ 0.09 (0.92%)
CNERGY 7.53 Increased By ▲ 0.17 (2.31%)
FCCL 38.49 Decreased By ▼ -0.28 (-0.72%)
FFL 15.80 Increased By ▲ 0.21 (1.35%)
FLYNG 25.65 Increased By ▲ 0.24 (0.94%)
HUBC 128.89 Increased By ▲ 0.27 (0.21%)
HUMNL 13.79 Decreased By ▼ -0.02 (-0.14%)
KEL 4.63 Increased By ▲ 0.14 (3.12%)
KOSM 6.25 Decreased By ▼ -0.05 (-0.79%)
MLCF 44.45 Decreased By ▼ -0.34 (-0.76%)
OGDC 203.67 Increased By ▲ 0.07 (0.03%)
PACE 6.50 Increased By ▲ 0.08 (1.25%)
PAEL 41.25 Increased By ▲ 0.12 (0.29%)
PIAHCLA 17.63 Increased By ▲ 0.91 (5.44%)
PIBTL 7.65 Decreased By ▼ -0.03 (-0.39%)
POWER 9.14 Increased By ▲ 0.10 (1.11%)
PPL 174.92 Increased By ▲ 1.01 (0.58%)
PRL 39.00 Decreased By ▼ -0.08 (-0.2%)
PTC 24.70 Decreased By ▼ -0.34 (-1.36%)
SEARL 110.25 Increased By ▲ 1.19 (1.09%)
SILK 0.98 Decreased By ▼ -0.01 (-1.01%)
SSGC 38.60 Increased By ▲ 0.46 (1.21%)
SYM 19.66 Increased By ▲ 0.17 (0.87%)
TELE 8.37 Increased By ▲ 0.01 (0.12%)
TPLP 12.25 Increased By ▲ 0.12 (0.99%)
TRG 65.13 Increased By ▲ 0.34 (0.52%)
WAVESAPP 10.62 Increased By ▲ 0.05 (0.47%)
WTL 1.67 Decreased By ▼ -0.02 (-1.18%)
YOUW 3.92 Increased By ▲ 0.05 (1.29%)
BR100 11,888 Decreased By -0.4 (-0%)
BR30 35,383 Increased By 163.8 (0.47%)
KSE100 112,026 Decreased By -3.9 (-0%)
KSE30 35,076 Decreased By -59.8 (-0.17%)

KARACHI: Mian Nasser Hyatt Maggo, President Federal Chambers of Commerce and Industry (FPCCI), has proposed that tax adjudication cases to be handled under the supervision of the office of Federal Tax Ombudsman (FT0) for a fair, neutral, transparent and competent resolution of tax notices.

He was speaking on the occasion of the visit of Dr. Asif Mahmood Jah, FTO Pakistan to FPCCI.

Maggo said that FPCCI appreciates FTO’s recent notice and report on the misuse of powers by FBR officials in issuing fake notices and accessing bank accounts of the taxpayers, unnecessarily. He apprised the audience that it has been FPCCI’s longstanding demand to have a well-reputed, fearless, competent and senior officer appointed as FTO Pakistan.

Highlighting the major issues with income tax cases, FPCCI President said that discrimination, delay, injustice, non-transparency and non-payment of refunds are plaguing the taxation system of the country and that is the reason FPCCI recommends sweeping reforms in the system.

Hanif Lakhany, VP FPCCI, said that the business community is for the first time, feeling secure and protected against the tax and customs officials’ harassment and highhandedness; due to the fair redressal of issues by the office of FTO. He also thanked the government for having the right man for the right job.

Nasir Khan, VP FPCCI, expressed his satisfaction over the performance of the office of FTO; but, maintained that the tax and customs authorities use delaying and procrastinating tactics to avoid swift redressal of the issues of business, industry and trade community. In order to resolve these grievances, FTO should be given the authority to reprimand and punish the corrupt officers.

Dr. Asif Mahmood Jah apprised the audiences on the mandate and the performance of the Federal Tax Ombudsman. He said that 90% of the complaints by the business community go in their favour on the average. The complainants have the option of appeal to FTO or of even filing a representation with the constitutional office of the President of the Islamic Republic of Pakistan.

Dr. Asif Mahmood Jah added that FTO can not directly reprimand the tax and customs officials; but, he can make his observations on misuse of powers, maladministration, anomalies, harassment and corruption; and, those are taken seriously. Another limitation of the FTO is that we can not take up cases which have been already taken up by any court of law and are subjudice, he said. Explaining the other functions of the institution of FTO, Dr. Jah said that inspections, own-motion actions and research are also mandated to his office.

Copyright Business Recorder, 2021

Comments

Comments are closed.