BR100 Decreased By (-0.08%)
BR30 Increased By (0.08%)
KSE100 Decreased By (-0.11%)
KSE30 Decreased By (-0.2%)
AGHA 7.53 Decreased By ▼ -0.10 (-1.31%)
BECO 5.11 Decreased By ▼ -0.46 (-8.26%)
BML 58.30 Decreased By ▼ -1.44 (-2.41%)
BOP 34.58 Increased By ▲ 0.18 (0.52%)
CNERGY 13.68 Increased By ▲ 0.57 (4.35%)
CSIL 6.30 Decreased By ▼ -0.11 (-1.72%)
FCCL 57.55 Decreased By ▼ -0.51 (-0.88%)
FFL 16.50 Increased By ▲ 0.27 (1.66%)
FNEL 1.20 Decreased By ▼ -0.01 (-0.83%)
KEL 7.36 Decreased By ▼ -0.07 (-0.94%)
KOSM 5.98 Decreased By ▼ -0.05 (-0.83%)
LOTCHEM 27.51 Decreased By ▼ -0.16 (-0.58%)
MLCF 101.93 Decreased By ▼ -0.82 (-0.8%)
NBP 203.29 Decreased By ▼ -1.77 (-0.86%)
NCPL 60.47 Increased By ▲ 0.84 (1.41%)
NPL 69.80 Increased By ▲ 1.24 (1.81%)
OGDC 318.48 Decreased By ▼ -0.44 (-0.14%)
PACE 11.12 Increased By ▲ 0.07 (0.63%)
PAEL 42.86 Decreased By ▼ -0.24 (-0.56%)
PIBTL 16.72 Increased By ▲ 0.09 (0.54%)
PPL 230.62 Increased By ▲ 1.17 (0.51%)
PRL 76.73 Increased By ▲ 5.93 (8.38%)
PTC 71.18 Increased By ▲ 0.18 (0.25%)
SSGC 27.10 Decreased By ▼ -0.31 (-1.13%)
TBL 10.28 Decreased By ▼ -0.03 (-0.29%)
TELE 8.56 Increased By ▲ 0.03 (0.35%)
TPL 23.59 Increased By ▲ 0.53 (2.3%)
TPLP 15.45 Decreased By ▼ -0.31 (-1.97%)
TREET 24.51 Decreased By ▼ -0.20 (-0.81%)
TRG 60.09 Decreased By ▼ -0.20 (-0.33%)

LAHORE: President of the Lahore Chamber of Commerce and Industry (LCCI) Kashif Anwar, along with the officials of Federal Tax Ombudsman (FTO) and Federal Board of Revenue (FBR), distributed the cheques of tax refunds at the Lahore Chamber of Commerce and Industry.

LCCI President Kashif Anwar, Advisor Incharge FTO Adila Rehman, Advisor Income Tax FTO Khalid Javed, Director FTO Nazim Raza, Chief Commissioner IR RTO Lahore Amjad Farooq, Chief Collector Enforcement Customs House Mirza Mubashir Baig, Collector Appraisement Customs House Moneeb Sarwar, Commissioner IR CTO Lahore Khalid Farooq Mian, Commissioner IR Lahore Naveed Khalid, Director Internal Audit Customs Saima Aftab and Director Intelligence and Investigation Customs Saima Shahzad were prominent among the other participants of the meeting.

The FTO representatives were of the view that the FTO ensures implementation of its decisions in true sense of the word. They lauded efforts of the LCCI President Kashif Anwar, who is also the advisor of FTO, for organizing this ceremony at LCCI.

The FTO officials informed that the FTO office is playing an instrumental role in resolving the taxation issues of businesses and ordinary citizens without any discrimination.

They said that the cheque distribution ceremony for giving cheques of refunds to the businesses is testament of the commitment of FTO office to facilitate the business community.

LCCI President Kashif Anwar welcomed the continued efforts of Federal Tax Ombudsman and expressed gratitude for paying the pending tax refunds. He thanked FTO Asif Mahmood Jah for taking all possible steps for the immediate resolution of all tax related conflicts of the business community.

He emphasized for the need of a documented economy saying that all undocumented sectors would have to be made documented to achieve the economic goals. He also called for the expansion of tax net to give a quantum jump to the economic growth of the country.

Kashif Anwar said that the Lahore Chamber of Commerce and Industry highly values the active role of the Federal Tax Ombudsman in solving tax refunds and other related issues and hopes that the process of paying refunds will be made more active in near future so that the maximum facilitation can be ensured for the export sector.

Copyright Business Recorder, 2023

Comments

Comments are closed for this article.