Chairman ISE Towers REIT Management Company Limited (ISE REIT), Zahid Latif Khan on Friday conveyed to Nausheen Javaid Amjad, Acting Chairman Federal Board of Revenue (FBR) that the reforms in Real Estate Investment Trust (REIT) would play key role in overall documentation of real estate sector.
Chairman ISE Towers REIT Management Company Limited (ISE REIT), Zahid Latif Khan along with Sohail Altaf, Director ISE REIT & Group Head Rawalpindi Chamber of Commerce & Industry (RCCI), Masoom Akhtar, Director ISE REIT, Nosherwan Khalil Khan, Senior Vice President RCCI and Sagheer Mushtaq, CEO ISE REIT met with Nausheen Javaid Amjad, Acting Chairman Federal Board of Revenue at FBR House, Islamabad.
Zahid Latif Khan gave a brief introduction of the ISE REIT and lauded the FBR initiatives for introducing the tax reform to promote tax culture in the Pakistan.
He highlighted that Real Estate Investment Trust (REIT) is the ideal form for documenting the real estate sector which is heavily invested. Therefore, FBR should introduce such tax reforms which support the growth of REIT Sector.
Sohail Altaf highlighted the role of RCCI to encourage the tax culture in business community. He also requested that genuine grievances of the business community should be addressed.
Nausheen Javaid Amjad said that FBR has the aim to facilitate the business community through transparent tax system and emphasized that every sector of economy should play its due role for promoting the tax culture in the country.
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