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    Home»Business»Constitution of Committee to sort-out the issue of raids demanded.
    Business

    Constitution of Committee to sort-out the issue of raids demanded.

    March 14, 2019No Comments2 Mins Read
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    Lahore: While demanding an immediate stop to raids at
    business premises and disrespect to the tax paying community, the
    Lahore Chamber of Commerce & Industry has urged the government to
    constitute a committee having representatives from public and private
    sectors to sort out the issue.

    In a statement on Thursday, the LCCI President Almas Hyder said that
    proposed committee should have representatives of the Chambers, Bar
    Associations, Market & Industrial Associations and Federal Board
    Revenue (FBR) as this is the only way to resolve the issue of undue
    raids at business premises and disrespect to the business community.

    “We want to pay tax but the method adopted by the tax officials is not
    good”, the LCCI President said and added that disrespect to the
    businessmen is not acceptable at any cost as they are backbone of the
    economy.

    He said that it must be eye-opener for the tax officials and policy
    makers that traders have taken to the streets and started protests
    against the raids and rude attitude of the staff of tax department who
    are misusing their discretionary powers badly and conducting raids
    without keeping in view the affects of these actions on economy.

    “Government should understand that protests and strikes always hit the
    economic activities hard therefore the raids should be stopped
    immediately in the larger interest of the economy”, Almas Hyder added.

    The LCCI President said that Section 38-B of Sales Tax Act, 1990 is
    being misused by the officials of tax department. Tax officials are
    visiting markets and godowns to unjustifiably harass the business
    people. They not only raise unlawful demands but also carry all the
    available records with them.

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