Businessmen start rebuilding shops

05 Jan, 2010

Affected businessmen of Karachi incident that occurred on December 28, have started rebuilding and renovating their burned shops by disposing of their valuable goods, including furniture and other belongings. The affected businessmen remain in the grip of rumours that Federal Finance Minister Shaukat Tarin has hinted that only those businessmen will get compensation who have NTN number and pay income tax and sales tax regularly.
The finance minister was also quoted as saying that the losses were much less than that of being claimed by the business community. At the same time, President Karachi Chamber of Commerce and Industry (KCCI), Abdul Majid Haji Muhammad while clarifying the position said that during meeting with Shaukat Tarin no such remarks were made by the minister nor the finance minister linked the payment of compensation with the payment of taxes.
He said that the chamber is very active and making all possible efforts so that the affected businessmen should get compensation as soon as possible. Vice Chairman Law and Order, sub-committee of KCCI, Rafiq Jadoon, said that some of the owners of burned shops have started re-construction of their shops by disposing of their valuable goods. Former President of KCCI, Amjad Rafi urged the government to make arrangement of payment of compensation soon to save the affected businessmen from starvation.

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