AGL 38.02 Increased By ▲ 0.08 (0.21%)
AIRLINK 197.36 Increased By ▲ 3.45 (1.78%)
BOP 9.54 Increased By ▲ 0.22 (2.36%)
CNERGY 5.91 Increased By ▲ 0.07 (1.2%)
DCL 8.82 Increased By ▲ 0.14 (1.61%)
DFML 35.74 Decreased By ▼ -0.72 (-1.97%)
DGKC 96.86 Increased By ▲ 4.32 (4.67%)
FCCL 35.25 Increased By ▲ 1.28 (3.77%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.17 Increased By ▲ 0.42 (3.29%)
HUBC 127.55 Increased By ▲ 6.94 (5.75%)
HUMNL 13.50 Decreased By ▼ -0.10 (-0.74%)
KEL 5.32 Increased By ▲ 0.10 (1.92%)
KOSM 7.00 Increased By ▲ 0.48 (7.36%)
MLCF 44.70 Increased By ▲ 2.59 (6.15%)
NBP 61.42 Increased By ▲ 1.61 (2.69%)
OGDC 214.67 Increased By ▲ 3.50 (1.66%)
PAEL 38.79 Increased By ▲ 1.21 (3.22%)
PIBTL 8.25 Increased By ▲ 0.18 (2.23%)
PPL 193.08 Increased By ▲ 2.76 (1.45%)
PRL 38.66 Increased By ▲ 0.49 (1.28%)
PTC 25.80 Increased By ▲ 2.35 (10.02%)
SEARL 103.60 Increased By ▲ 5.66 (5.78%)
TELE 8.30 Increased By ▲ 0.08 (0.97%)
TOMCL 35.00 Decreased By ▼ -0.03 (-0.09%)
TPLP 13.30 Decreased By ▼ -0.25 (-1.85%)
TREET 22.16 Decreased By ▼ -0.57 (-2.51%)
TRG 55.59 Increased By ▲ 2.72 (5.14%)
UNITY 32.97 Increased By ▲ 0.01 (0.03%)
WTL 1.60 Increased By ▲ 0.08 (5.26%)
BR100 11,727 Increased By 342.7 (3.01%)
BR30 36,377 Increased By 1165.1 (3.31%)
KSE100 109,513 Increased By 3238.2 (3.05%)
KSE30 34,513 Increased By 1160.1 (3.48%)

LAHORE: President of the Lahore Chamber of Commerce and Industry (LCCI) Kashif Anwar, along with the officials of Federal Tax Ombudsman (FTO) and Federal Board of Revenue (FBR), distributed the cheques of tax refunds at the Lahore Chamber of Commerce and Industry.

LCCI President Kashif Anwar, Advisor Incharge FTO Adila Rehman, Advisor Income Tax FTO Khalid Javed, Director FTO Nazim Raza, Chief Commissioner IR RTO Lahore Amjad Farooq, Chief Collector Enforcement Customs House Mirza Mubashir Baig, Collector Appraisement Customs House Moneeb Sarwar, Commissioner IR CTO Lahore Khalid Farooq Mian, Commissioner IR Lahore Naveed Khalid, Director Internal Audit Customs Saima Aftab and Director Intelligence and Investigation Customs Saima Shahzad were prominent among the other participants of the meeting.

The FTO representatives were of the view that the FTO ensures implementation of its decisions in true sense of the word. They lauded efforts of the LCCI President Kashif Anwar, who is also the advisor of FTO, for organizing this ceremony at LCCI.

The FTO officials informed that the FTO office is playing an instrumental role in resolving the taxation issues of businesses and ordinary citizens without any discrimination.

They said that the cheque distribution ceremony for giving cheques of refunds to the businesses is testament of the commitment of FTO office to facilitate the business community.

LCCI President Kashif Anwar welcomed the continued efforts of Federal Tax Ombudsman and expressed gratitude for paying the pending tax refunds. He thanked FTO Asif Mahmood Jah for taking all possible steps for the immediate resolution of all tax related conflicts of the business community.

He emphasized for the need of a documented economy saying that all undocumented sectors would have to be made documented to achieve the economic goals. He also called for the expansion of tax net to give a quantum jump to the economic growth of the country.

Kashif Anwar said that the Lahore Chamber of Commerce and Industry highly values the active role of the Federal Tax Ombudsman in solving tax refunds and other related issues and hopes that the process of paying refunds will be made more active in near future so that the maximum facilitation can be ensured for the export sector.

Copyright Business Recorder, 2023

Comments

Comments are closed.