FBR asked to fix tax for small traders

The Pak Banker - - NATIONAL - Ja­hangir Hayat

Tax rev­enue and tax net can be in­creased to a great ex­tent pro­vided Fed­eral Board of Rev­enue start fa­cil­i­tat­ing the taxpayers, im­pose a fixed tax levy es­pe­cially for the re­tail­ers and keep the re­turn form un­changed for a pe­riod of 20 year.

This was stated by All Pak­istan Pa­per Mer­chants As­so­ci­a­tion chair­man (APPMA) Khawaja Nadeem Saeed Way­een while talk­ing to Daily The Pak Banker. "We can bring in mil­lions of traders and in­dus­tri­al­ist into tax net if FBR as­sures that all the new taxpayers will be charged a cer­tain fixed tax amount", he added. New tax pay­ers are also re­luc­tant to come in to the tax net hav­ing les­son from the hard­ships of the al­ready in tax net. He said that the traders and in­dus­tri­al­ist who are in tax net have no ben­e­fit and no in­cen­tive over the one who are not pay­ing taxes. He said that the with­hold­ing agents who are pay­ing their tax li­a­bil­i­ties should en­joy hounor over the other. This will en­cour­age the non-taxpayers, he hinted. He said that due to a num­ber of com- plex­i­ties taxpayers are avoid­ing pay­ing their taxes. The tax sys­tem should be as sim­ple as pay­ments of util­ity bills.

We are pay­ing a big chunk of money to the tax prac­ti­tion­ers and if the tax sys­tem is sim­ple that very amount can be de­posited to the na­tional ex­che­quer in­stead of wast­ing in lit­i­ga­tions. He said that the re­turn form is very much com­plex that needs to be made sim­ple and un­changed for at least 20 year.

"We the traders can as­sure the gov­ern­ment in keep­ing the re­turn form can in­crease the tax rev­enue to man­i­fold," he ex­plained. Nadeem also brought to that the use of tax is also not ap­pro­pri­ate and the im­por­tant rev­enue which is col­lected from the cit­i­zens is be­ing spent on the lav­ish life of the few cho­sen. Nadeem said that we are with the in­cum­bent gov­ern­ment and want to see it rul­ing for years but the gov­ern­ment should also feel the plights of the busi­ness com­mu­nity.

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