BR100 Increased By (0.23%)
BR30 Increased By (0.49%)
KSE100 Increased By (0.34%)
KSE30 Increased By (0.22%)
AGHA 7.64 Increased By ▲ 0.01 (0.13%)
BECO 5.20 Decreased By ▼ -0.37 (-6.64%)
BML 59.94 Increased By ▲ 0.20 (0.33%)
BOP 34.64 Increased By ▲ 0.24 (0.7%)
CNERGY 13.25 Increased By ▲ 0.14 (1.07%)
CSIL 6.46 Increased By ▲ 0.05 (0.78%)
FCCL 57.85 Decreased By ▼ -0.21 (-0.36%)
FFL 16.42 Increased By ▲ 0.19 (1.17%)
FNEL 1.21 No Change ▼ 0.00 (0%)
KEL 7.43 No Change ▼ 0.00 (0%)
KOSM 6.06 Increased By ▲ 0.03 (0.5%)
LOTCHEM 27.67 No Change ▼ 0.00 (0%)
MLCF 102.64 Decreased By ▼ -0.11 (-0.11%)
NBP 204.99 Decreased By ▼ -0.07 (-0.03%)
NCPL 60.99 Increased By ▲ 1.36 (2.28%)
NPL 70.04 Increased By ▲ 1.48 (2.16%)
OGDC 320.20 Increased By ▲ 1.28 (0.4%)
PACE 11.23 Increased By ▲ 0.18 (1.63%)
PAEL 43.00 Decreased By ▼ -0.10 (-0.23%)
PIBTL 16.58 Decreased By ▼ -0.05 (-0.3%)
PPL 232.60 Increased By ▲ 3.15 (1.37%)
PRL 75.94 Increased By ▲ 5.14 (7.26%)
PTC 70.60 Decreased By ▼ -0.40 (-0.56%)
SSGC 27.33 Decreased By ▼ -0.08 (-0.29%)
TBL 10.20 Decreased By ▼ -0.11 (-1.07%)
TELE 8.56 Increased By ▲ 0.03 (0.35%)
TPL 23.02 Decreased By ▼ -0.04 (-0.17%)
TPLP 15.65 Decreased By ▼ -0.11 (-0.7%)
TREET 24.70 Decreased By ▼ -0.01 (-0.04%)
TRG 60.20 Decreased By ▼ -0.09 (-0.15%)

Travel Agents Association of Pakistan (TAAP) has strongly opposed the imposition of 15 percent flood tax and 2.5 percent federal excise duty by the government. Chairman, TAAP, Yahya Polani in a statement said that members of business community and working class are already groaning under the burden of heavy taxes and taxing them further would increase public distrust and unrest.
He urged the apex trade body to take up the matter with the government on urgent basis and plead that this untimely tax is abolished forthwith. It may become impossible for the people to bear the burden of taxes any more, he said.

Copyright Business Recorder, 2011

Comments

Comments are closed for this article.