Conced­es regula­tory duty on some raw materi­als was a mistak­eKARACHI: Federal Board of Revenue (FBR) Chairman Tariq Mehmood Pasha emphasised on Tuesday a strong partnership with the business community for economic growth and development of the country through better interaction and confidence, instead of trading complaints. “Tax collection cannot grow without due consultation with you people [the business community],” Pasha said, adding that “you are the engine of the economy and I assure you every possible facilitation,” while speaking at an interactive session with members of Karachi Chamber of Commerce and Industry (KCCI). Sugar cane farmers to block National Highway on Dec 23The FBR chairman advised the KCCI leadership to form a committee of tax experts to engage with FBR for review/ rectification of policies on the most pressing issues of the business community along with proposing practical solutions. PM aide pushes FBR to meet revenue targetTo a question, he said FBR had started working with the Sindh Board of Revenue – set up after 18th Amendment in the constitution. Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.

Source: The Express Tribune December 20, 2017 04:52 UTC