PRGMEA for widening of tax net

20 Aug, 2018

Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) chief coordinator Ijaz A Khokhar on Sunday underscored the need of widening the tax net aimed at reducing the burden of existing taxpayers in the country. At present the existing taxpayers were bearing extra burden which is unjust and under the prevailing situation there was a great need of hunting the new eligible taxpayers across the country he pointed out.
Talking to the journalists he was confident that the new government will surely focus special attention on resolving the longstanding issues of the business community of the country. Ijaz suggested that the new government should formulate short and long term polices to cope with sharp decline in exports of the country and try to develop close lesion with stakeholders for making the policies.
The PRGMEA chief coordinator stressed the need of establishment of sector specific export promotion councils and special task forces for the considerable increase in exports of the country adding that all concerned stakeholders should be taken on board for the betterment of specific sectors and minimizing the role of bureaucrats.
We understand that there is a need of formulation of high powered Export Monitoring Committee under the supervision of Prime Minister to keep an account of all the policies to be formed and their implementation he said. The committee he said should also identify the problems related to export and recommend possible remedies and solutions for overcoming the issues. In this regard, special attention should be focused on export and import policies he pointed out. Ijaz further stated that stakeholders should be taken on board instead of bureaucrats for attaining the fixed target.

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