SCCI Welcomes Withdrawal Of Fixed Tax On Small Traders
Faizan Hashmi Published August 06, 2022 | 06:51 PM
The Sarhad Chamber of Commerce and Industry (SCCI) on Saturday welcomed withdrawal of the fixed tax for retailers and shopkeepers imposed through electricity bills for a year
PESHAWAR, (UrduPoint / Pakistan Point News - 6th Aug, 2022 ) :The Sarhad Chamber of Commerce and Industry (SCCI) on Saturday welcomed withdrawal of the fixed tax for retailers and shopkeepers imposed through electricity bills for a year.
Senior office bearers of the SCCI Hasnain Khurshid Ahmad, Vice president Imran Khan Mohmand and vice president Javed Akhtar in a joint statement issued here said that government withdrew the fixed tax for retailers and shopkeepers imposed through electricity bills for a year after a successful talks with leaders of traders community at central level, which according to them, the move highly admirable and appreciable.
They viewed the government's business-friendly policies would bring economic stability and flourish trade and economic activities in the country.
A few days ago, the Federal government decided to withdraw the fixed tax regime on electricity bills for small traders who can benefit from this for a period of one year.
Hasnain Khurshid said the traders played a pivotal role in the economic development of the country through paying various taxes.
Therefore, he asked the government to provide them facilities and incentives and refrained from enforcement of anti-business policies to avoid elevating miseries of the trading community.
The trade body office bearers said traders ensured timely payment of all taxes.
However, they said the collection of double taxes was completely intolerable and would be protested against at every level.
The SCCI president urged the government to make proper consultation with the business community before imposition of new taxes and policies in order to avoid creating any kind of vacuum between government's institutions and the traders community.
KP business community, which early badly affected by terrorism and later now being faced with great hardship owing to several waves of novel coronavirus so it was essential that the government should take steps for ease of doing business instead of enforce anti-traders policies, said Khurshid.
The chamber president asked the government to announce special incentives to revive the Covid-19 hit industries and businesses.
On the occasion, Hasnain Khurhsid urged the government to review recent increases in electricity and gas tariffs.
He also demanded uninterrupted electricity and gas supply to industries and business premises.
He said the SCCI had always backed the government's business-friendly policies and expressed the hope that the policies would be sustained in future for economic stability in the country.
Related Topics
Recent Stories
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 26 April 2024
Today Gold Rate in Pakistan 26 April 2024
ICC Womens T20 World Cup Qualifier, Match 2: Ireland Women open with Comfortable ..
Robinson, bowlers help New Zealand go 2-1 up against Pakistan
Shahzeb Chachar to hold khuli kachehri on April 26
Heatwave amid Israel's aggression in Gaza brings new misery, disease risk
Tourism must change, mayor says as Venice launches entry fee
Court adjourns Judicial Complex attack case till May 17
Nasreen Noori’s book ‘Popatan Jahra Khwab’ launched
Wafaqi Mohtasib inspection team visits Excise and taxation office
AJLAC announces 5th Conference titled ‘People’s Mandate: Safeguarding Civil ..
Pak-US officials engage to enhance trade, investment ties
More Stories From Pakistan
-
By-poll of Tehsil Council Chairmen KP on Sunday; 783772 to cast vote
3 minutes ago -
Naval Chief participates in 19th Western Pacific Naval Symposium in China
11 hours ago -
Int'l symposium addresses capacity building for safe, environmentally sound ship recycling in Pakist ..
11 hours ago -
Shahzeb Chachar to hold khuli kachehri on April 26
12 hours ago -
Court adjourns Judicial Complex attack case till May 17
12 hours ago -
Nasreen Noori’s book ‘Popatan Jahra Khwab’ launched
12 hours ago
-
Wafaqi Mohtasib inspection team visits Excise and taxation office
12 hours ago -
AJLAC announces 5th Conference titled ‘People’s Mandate: Safeguarding Civil Rights in South Asia ..
12 hours ago -
IBCC to promote educational excellence, expand regional presence
12 hours ago -
Pakistan embassy organizes scholarship award ceremony in Kathmandu
12 hours ago -
SC to hear case pertaining IHC judges' letter on April 30
12 hours ago -
SC orders removal of barriers outside buildings in Karachi
12 hours ago