Top business body supports crackdown against tax evaders

FPCCI congrats Iftikhar Ali on his nomination as member Ravi Urban Development Authority
File Photo

ISLAMABAD, Jun 24 (APP):The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Monday vowed to fully support the government to crackdown on tax-evaders for broadening the tax base and documentation of economy.

“The decision taken with consensus at a high level meeting with Chairman United Business Group (UBG) Iftikhar Ali Malik in the chair,” said FPCCI President Eng Daroo Khan Achakzai in a statement issued by the chamber.

He urged the business community to avail the tax amnesty scheme introduced by the government by declaring their undisclosed assets by June 30, 2019 for avoiding any scrutiny in the future and help steer the country out of prevailing economic crisis.

He said that amnesty scheme would help put the economy on sound footings; thus, lessening the burden on existing taxpayers.

He said that Pakistan was the 6th largest country in the world and hardly one per cent of the population was paying taxes.

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