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Government should solve the problem of Rent Control Act on priority basis-Yassar Sakhi Butt December 13, 2011
Meeting at ICCI
 
A balanced Rent Control Act in Islamabad would greatly reduce and resolve the rental issues of traders of the Federal Capital, Yassar Sakhi Butt, President, Islamabad Chamber of Commerce & Industry (ICCI) has stated this while addressing business community at Chamber House.

He said that in the absence of a balanced Rent Control Act in Islamabad, frequency of disputes was rising day by day and the business community was feeling insecure in such environment.

President ICCI said Islamabad Chamber has struggled a lot in bringing changes in the Rent Control Act after consultation with the all stakeholders and representatives of the business community.

Speaking on the occasion, Munawar Mughal, Chairman, Founder Group ICCI has shown serious concerns about new income tax return system. He demanded of the government to introduce plans to help traders with attractive tax policies so that the government’s annual revenue could also increase.

He also urged the FBR to avoid new experiments on the traders who were already in the tax net. Such new and controversial initiatives would have negative impact on the existing tax collection system, he said.

Mr. Iftikhar shahzada, newly elected President, Traders Welfare Association, G-8 Markaz said that traders of Federal Capital were facing many problems which should be solved on priority basis by the Government.