LAHORE: Lahore Chamber of Commerce and Industry is making all out efforts to get resolved all the taxation related issues being faced by the business community. This was stated by the LCCI Vice President Kashif Anwar while speaking at Annual General Meeting of the Lahore Crockery and Glassware Merchants Group here on Wednesday. The Chairman of the Lahore Crockery and Glassware Merchants Group Haji Farrukh Iqbal, President Tariq
Hameed, Senior Vice President Muhammad Shaukat, Vice President Irfan Rasheed and President Shah Alam Board Khawaja Muhammad Amir also spoke on the occasion.
The LCCI Vice President said that the Lahore Chamber of Commerce and Industry was well aware of fact that complex taxation procedures always create problems for the business community therefore efforts were being made to convince the authorities to take stakeholders on
board on Tax policy issues.
Kashif Anwar said that the Lahore Chamber of Commerce and Industry had already appealed to the Federal Board of Revenue to simplify the procedures so that maximum number of businessmen could get them registered with the FBR.
He urged the trading community to participate in the LCCI activities to learn about the most modern business techniques in vogue in the developed world and for enhancing their interaction with foreign businessmen and other dignitaries who visit Lahore Chamber.
The LCCI Vice President said that the business community would have to keep an eye on the innovations being done the world over so that they could be able to do business with their global partners.
Kashif Anwar said that the Lahore Chamber would soon convene a meeting of district administration at the LCCI to convey the concerns of the Crockery Association regarding the construction of a Parking Plaza. He, however, asked the office-bearers of the Crockery Association to submit a proposed map of the Parking Plaza to the Lahore Chamber for
its onward submission to the Chief Minister.
He said that the businessmen would have to play its role to turn this country an Asian Tiger. He urged them to get themselves register with FBR to contribute to the national exchequer and help broaden the tax net. He said that it was a happy sign that the government was tackling all economic issues on priority basis.
He hoped that the issue of shortage of electricity and gas would also be resolved soon so that the economic activity could get a real boost. The LCCI vice President said that the Lahore Chamber of commerce and industry had established an internationally recognized Mediation Centre at its premises for the out of court settlement of business disputes therefore the private sector should avail the opportunity for the early resolution of their issues.
He also informed the participants that the LCCI has also very recently established Video Conferencing Facility at its premises. He said that the very objective was to enable the businessmen to frequently interact with their foreign counterparts.
Earlier, the Chairman of the Lahore Crockery and Glassware Merchants Group Haji Farrukh Iqbal brought to notice of the LCCI president all the issues the area businessmen were facing for the last many years. He particularly highlighted the need for construction of a Parking Plaza to overcome the traffic mess that is adding up to the cost of doing business.