AIRLINK 72.80 Increased By ▲ 0.62 (0.86%)
BOP 5.06 Increased By ▲ 0.13 (2.64%)
CNERGY 4.33 Decreased By ▼ -0.02 (-0.46%)
DFML 30.52 Increased By ▲ 2.03 (7.13%)
DGKC 85.95 Increased By ▲ 4.65 (5.72%)
FCCL 22.35 Increased By ▲ 0.85 (3.95%)
FFBL 33.22 Increased By ▲ 0.17 (0.51%)
FFL 9.78 Decreased By ▼ -0.08 (-0.81%)
GGL 10.40 Decreased By ▼ -0.08 (-0.76%)
HBL 113.62 Decreased By ▼ -0.38 (-0.33%)
HUBC 136.20 Decreased By ▼ -3.80 (-2.71%)
HUMNL 10.03 Increased By ▲ 1.00 (11.07%)
KEL 4.66 Decreased By ▼ -0.07 (-1.48%)
KOSM 4.40 Increased By ▲ 0.02 (0.46%)
MLCF 38.35 Increased By ▲ 0.70 (1.86%)
OGDC 133.40 Decreased By ▼ -0.30 (-0.22%)
PAEL 27.40 Increased By ▲ 1.80 (7.03%)
PIAA 24.76 Increased By ▲ 0.78 (3.25%)
PIBTL 6.55 Increased By ▲ 0.07 (1.08%)
PPL 121.21 Decreased By ▼ -1.41 (-1.15%)
PRL 27.15 Increased By ▲ 0.08 (0.3%)
PTC 13.89 Increased By ▲ 0.29 (2.13%)
SEARL 60.40 Increased By ▲ 3.78 (6.68%)
SNGP 68.53 Decreased By ▼ -0.71 (-1.03%)
SSGC 10.33 Decreased By ▼ -0.01 (-0.1%)
TELE 9.05 Increased By ▲ 0.60 (7.1%)
TPLP 11.26 Decreased By ▼ -0.02 (-0.18%)
TRG 65.70 Increased By ▲ 4.49 (7.34%)
UNITY 25.25 Decreased By ▼ -0.08 (-0.32%)
WTL 1.50 No Change ▼ 0.00 (0%)
BR100 7,608 Decreased By -22.2 (-0.29%)
BR30 25,091 Increased By 100.6 (0.4%)
KSE100 72,658 Increased By 56.2 (0.08%)
KSE30 23,383 Decreased By -155.9 (-0.66%)

Traders community has sought help of the Lahore Chamber of Commerce and Industry (LCCI) for ease in business and to get their genuine issues resolved.
Different delegations from various market including Textile Traders Association of Pakistan led by Zeshan Khalil, Shahalam Markazi Board led by Kh. Aamir, Ganpat Road Traders Association led by Khamis Saeed Butt, Anjuman-e-Tajran led by Mujahid Maqsood Butt and Engr Jawed Salim Qureshi, Chairman Pakistan Engineering Council met with the LCCI office bearers here Saturday.
The delegation members during their meeting with LCCI President Irfan Iqbal Sheikh, Senior Vice President Ali Hussam Asghar and Vice President Mian Zahid Jawaid Ahmad, apprised of their issues and hoped that the Lahore Chamber will get the matters resolved by having a close interaction with the government's high authorities.
The LCCI office-bearers said that businesses cannot grow in the presence of cumbersome taxation system, double taxation, high cost of doing business, lack of infrastructure in markets and severe traffic jams etc., therefore government should resolve these issues that would be equally good for both businessmen and the government.
"Recent observations by the Prime Minister, Chief of Army Staff General Qamar Javed Bajwa and Supreme Court of Pakistan regarding business community, trade, industry and economy are a ray of hope", they said and expressed optimism that business community will be experiencing a big relief in days to come.
The government and private sector are vital for each other and they cannot run alone therefore the government must develop policies conducive for business environment and address genuine issues of the business community, they added.
They said there is an urgent need to reform the taxation system by engaging all the stakeholders and called to get rid of the cumbersome taxation system that is hampering the trade and economic activities in the country. The FBR teams should approach relevant association for survey of filers and non-filers instead of taking direct actions. It would help much needed trust building between private sector and the government, they opined. The LCCI office-bearers also called for construction of parking plazas at different parts of the city to overcome the issues of traffic.

Copyright Business Recorder, 2019

Comments

Comments are closed.