Patron-in-Chief, Anis Majeed and chairman, Malik Zulfiqar of Karachi Wholesale Grocers Association's (KWGA) have said, "We must implement efficient tax system for economic development". While appraising the new chairman Federal Board of Revenue (FBR), Shabbar Zaidi's initial notification after resuming office, they said that business community is disturbed by excess taxation and harassment by FBR officers.
Now, as the new chairman has taken notice that taxpayers should not be harassed which is a positive step. But Shabbar Zaidi will need to get these notifications implemented on ground as well so that businessmen will feel confident in our tax system. Anis Majeed, Malik Zulfiqar further said that Chairman FBR's notification for not freezing accounts without prior information to the owner and permission to be taken from the Chairman FBR at least 24 hours before account seizure will help in restoring the confidence of the business community upon the FBR.
They said that Shabbar Zaidi is an expert tax practitioner; he knows the problems being faced by business community and tax payers. We are also hopeful that he will bring tax reforms for widening tax payer's base and facilitate current tax payers.
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