FAISALABAD: Former President Faisalabad Chamber of Commerce and Industry Rehan Naseem Bharara has demanded from the government that the simple tax return should be one page.
While the tax should be maximum 14 percent. The energy prices of electricity and gas for the industry should be fixed at 9 cents per US dollar. He further said that it is necessary to hold a long-term policy for 10 years. In the last few years, billions of dollars have gone to Dubai. The government should also immediately announce tax incentives for property so that Pakistanis can bring back investment from there.
According to the statistics, in the last 3 years, we have flown more than 20 billion in property investment in Pakistan. We have been hearing about the restructuring of the FBR for the last 20 years. But it has not been restructured yet.
The government should introduce a 10-year industrial and commercial policy. A law should be made on this that no government can change it. The government should give the people a tax-free budget this year.
Copyright Business Recorder, 2026