Traders demand renewal of old income tax form

All Pakistan Anjuman-e-Tajiran Pakistan has announced to launch a campaign to press the government for withdrawing the decision of induction of form D in income tax return form. It also rejected the black mailing under the cover of form D and demanded the renewal of old income tax form.
The demand was raised through a resolution passed in the convention of All Pakistan Anjuman-e-Tajiran here on Wednesday. President Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Senator Haji Ghulam Ali was the chief guest. The convention was addressed by Central trader leaders Malik Mehar Elahi, Haji Haroon, Khawja Muhammad Shafique, Mian Abdul Manan, Atiqque Meer, Amir Asghar Dar, Naeem Meer and Babir Mahmood.
They also demanded that government should take back the imposition of twenty five percent tax on income after the changes in AOP. They demanded the establishment of chamber for small and medium traders and cottage industry on the pattern of chamber of commerce and industry.
They demanded that government should direct all the schedule banks that they should strictly follow the secrecy act because traders have serious reservations regarding secrecy of their accounts adding that if the act was not implemented in letter and spirit then this will effect the business of banks.
The traders also show reservations on the deteriorating law and order situation of the country, increases in the prices of gas and electricity. They also condemned targeted killings in Balochistan and demanded that government should provide educational and health facilities to the people of Balochistan.
President Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Senator Haji Ghulam Ali while talking to Business Recorder said that efforts should be made for the enhancement of trade with not only India but with other neighbouring countries.
He also said that efforts should be made to enhance the trade between Saarc and Asean countries adding that efforts should be made that there should be one currency of Saarc and Asean countries like European Union (EU). He said that next century is the century of Asia and Asian countries should try to enhance their trade without sacrificing the sovereignty of each other. While answering the question about the establishment of small chamber of commerce and cottage industry Ghulam Ali said that bill is in the standing committee of commerce of the parliament.