LCCI dislikes undue raids by FBR for recovery of taxes

06 Oct, 2016

The Lahore Chamber of Commerce and Industry (LCCI) has urged the Federal Board of Revenue (FBR) to stop issuance of undue notices to businessmen which is damaging the reputation of business-friendly government. LCCI Senior Vice President Amjad Ali Jawa while addressing a delegation of different city markets' representatives said that repeated issuance of notices was not only hitting their businesses hard but also damaging government's drive to widen the tax net.
He said all the leading economies are giving incentives to expedite economic activities in their respective countries but in Pakistan the people sitting at the helm of affairs are doing otherwise at this point in time when almost all the businesses were facing a number of internal and external pressures.
He said raids on industrial units and shops would hamper the economic activities. He said that Federal Finance Minister Ishaq Dar should take notice of the whole situation and stop the FBR officials from entering the business premises. If there is an urgent need to take action against any particular industrial unit, the FBR officials should be directed to take concerned association or the Lahore Chamber of Commerce & Industry on board.

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