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%)

Traders on Wednesday threatened to launch a countrywide protest if the ongoing talks between the federal finance minister and leaders of the businessmen community failed to withdraw 0.6 per cent advance adjustable tax, imposed on bank transactions.
"If the talks being held in Islamabad between traders and the government fails then the political parties will be invited to join the continuing protest," Chairman All Karachi Tajir Ittehad, Atiq Mir said, urging the struggling traders to withdraw all of their bank deposits to fail the government's new taxation procedure.
He said that the traders' triumph against the government's 'atrocious' tax could only come about with their unity. "It is astonishing to see the Karachi Chamber is opposing the traders' movement against the tax and supporting the government's injustices against the non-filers," he added.
He also criticised the Karachi Chamber of Commerce and Industry for calling the protesting traders organisations 'unrepresentative', saying that "we condemn the Karachi Chamber's president's `irresponsible' statement". The Karachi Chamber president's statement has damaged the traders' movement and disappointed the businessmen community, he said.
"The Karachi Chamber has no right to damage the traders' movement for their rights just to please the government," he said, adding that the small traders had never pinned hopes on the Karachi Chamber and would never do so to in future, as well. He said that the KCCI's statement would create rifts in the ranks and files of traders which he termed 'damaging' for the entire community. He said that calling the small traders organisations 'unrepresentative' would alienate KCCI from support. He urged the small traders' organisations to avoid taking help from Karachi Chamber.

Copyright Business Recorder, 2015

Comments

Comments are closed.