ICCI for introducing fixed tax for small traders in next budget

  • April 02, 2018
Sheikh Amir Waheed, President, Islamabad Chamber of Commerce & Industry along with a delegation visited G-10 Markaz, Islamabad and congratulated the newly elected President Kamran Kakakhel and other office bearers of Traders Welfare Association of the area. Muhammad Naveed Senior Vice President, Nisar Mirza Vice President ICCI, Khalid Chaudhry, Dildar Abbasi, Ashfaq Chatha, Syed Adil Anis, Khalid Mian, Muhammad Faheem Khan and others were in the delegation. 
Speaking at the occasion, Sheikh Amir Waheed said that next budget was expected on April 27 and called upon the government to focus on introducing fixed tax for small traders as well as provide them special incentives in the coming budget. He said that introduction of fixed tax for small traders would help in expanding tax net and enhancing tax revenue of the country. He said that government should simplify the complicated tax system and develop all tax forms in Urdu that would facilitate, especially the small traders. He assured that ICCI would fully cooperate with TWA, G-10 Markaz for resolving key issues of the traders. 
Kamran Kakakhel, newly elected President, Traders Welfare Association, Sector G-10 Markaz, Islamabad said that absence of new rent control act was the most serious issue of the local traders due to which businesses were feeling insecure. He stressed that ICCI should play its role and take up this issue with the government for early passage of bill of new rent law for Islamabad. He assured that his Association would maintain liaison with Chamber to resolve major issues of the trading community.