CDA asked to focus on better development of E-11 Markaz
- February 07, 2020
Muhammad Ahmed Waheed, President, Islamabad Chamber
of Commerce and Industry has called upon the CDA to focus on better
development of E-11 Markaz in order to facilitate the growth of business
activities. He said this while addressing a delegation of Traders Welfare
Association, E-11 that visited ICCI led by its Central Chairman Awais Sheikh.
Muhammad Ahmed Waheed said that ICCI in recent past had invited Presidents
of leading Chambers of Commerce & Industry of the country and organized their
meetings with Prime Minister, President and Federal Ministers so that they could
apprise them of the key issues of business community. He hoped that
government would take measures to address the highlighted issues of business
community. He said that traders were worried over tax matters while business
activities have declined greatly and urged that government should create
conducive environment for businesses so that business activities could flourish.
He assured the delegation that ICCI would cooperate in resolving key issues of
their market.
Awais sheikh, Central Chairman, Traders Welfare Association, E-11 Markaz said
that businesses were suffering due to internal bickering of CDA and MCI as these
organizations were not addressing issues of traders. He said that CDA has not
done any development work in any market for the last many years due to which
conditions of markets have deteriorated and emphasized that CDA should start
development in markets including E-11 Markaz. He also called upon Hafeez
Sheikh, Advisor to PM on Finance to resolve the issue of Tier1 and Tier2 of
retailers for tax purpose to save them from further troubles.
Tahir Abbasi Senior Vice President and Saif ur Rehman Khan Vice President ICCI
said that MCI has made thousand percent increase in taxes without fulfilling the
legal requirements, which should be immediately withdrawn. They said that
before increasing any tax rate, giving its advertisement in press and arranging
public hearing were the key requirements, but MCI has increased taxes without
completing these formalities, which was unjustified. They said that increase in
trade license fee should also be withdrawn.
Khalid Chaudhry, Malik Rab Nawaz, Sardar Abid and others also spoke at the
occasion and stressed that CDA and MCI should facilitate traders in promoting
business activities.