AIRLINK 74.00 Decreased By ▼ -0.25 (-0.34%)
BOP 5.14 Increased By ▲ 0.09 (1.78%)
CNERGY 4.55 Increased By ▲ 0.13 (2.94%)
DFML 37.15 Increased By ▲ 1.31 (3.66%)
DGKC 89.90 Increased By ▲ 1.90 (2.16%)
FCCL 22.40 Increased By ▲ 0.20 (0.9%)
FFBL 33.03 Increased By ▲ 0.31 (0.95%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 10.75 Decreased By ▼ -0.05 (-0.46%)
HBL 115.50 Decreased By ▼ -0.40 (-0.35%)
HUBC 137.10 Increased By ▲ 1.26 (0.93%)
HUMNL 9.95 Increased By ▲ 0.11 (1.12%)
KEL 4.60 Decreased By ▼ -0.01 (-0.22%)
KOSM 4.83 Increased By ▲ 0.17 (3.65%)
MLCF 39.75 Decreased By ▼ -0.13 (-0.33%)
OGDC 138.20 Increased By ▲ 0.30 (0.22%)
PAEL 27.00 Increased By ▲ 0.57 (2.16%)
PIAA 24.24 Decreased By ▼ -2.04 (-7.76%)
PIBTL 6.74 Decreased By ▼ -0.02 (-0.3%)
PPL 123.62 Increased By ▲ 0.72 (0.59%)
PRL 27.40 Increased By ▲ 0.71 (2.66%)
PTC 13.90 Decreased By ▼ -0.10 (-0.71%)
SEARL 61.75 Increased By ▲ 3.05 (5.2%)
SNGP 70.15 Decreased By ▼ -0.25 (-0.36%)
SSGC 10.52 Increased By ▲ 0.16 (1.54%)
TELE 8.57 Increased By ▲ 0.01 (0.12%)
TPLP 11.10 Decreased By ▼ -0.28 (-2.46%)
TRG 64.02 Decreased By ▼ -0.21 (-0.33%)
UNITY 26.76 Increased By ▲ 0.71 (2.73%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,874 Increased By 36.2 (0.46%)
BR30 25,596 Increased By 136 (0.53%)
KSE100 75,342 Increased By 411.7 (0.55%)
KSE30 24,214 Increased By 68.6 (0.28%)

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.