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It gives me enormous pleasure to express my heartiest congratulations to Senator Muhammad Ishaq Dar, Federal Minister for Finance, Revenue, Economic Affairs & Statistics; Mr Haroon Akhtar Khan, Special Assistant to the Prime Minister of Pakistan on Revenue Affairs and Mr Nisar Muhammad Khan, Chairman FBR on the establishment of LTU-II in Karachi. The FBR, keeping in view of the successful track record of LTU in Karachi and increasing work load on it has decided to set-up another LTU (II).
The LTU (II) as per best international practice will act as single window facilitation center for all large entities and would be equipped with modern facilities. The government is striving hard to broaden the tax base and to increase Tax-to-GOP ratio. The government for this purpose has taken several measures in the current Finance Act 2015. The government has rightly decided well in time to set-up LTU (II) which is to cater to the increasing workload and to facilitate the taxpayers.
I hope that the LTU (II) will go a long way in achieving its objectives and facilitating the tax payers.

Copyright Business Recorder, 2016

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