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Friday April 26, 2024

FBR urged to stop harrassing businessmen

By our correspondents
November 28, 2015
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) on Friday urged the Federal Board of Revenue (FBR) to stop attaching business accounts in the larger interest of the trade, industry and economy, as it should be the last option and not the priority, a statement said.
LCCI President Sheikh Muhammad Arshad urged Finance Minister Ishaq Dar to immediately stop the FBR from this practice that is pushing the taxpayers to the wall, besides denting the reputation of a business-friendly government.
Attachment of the bank accounts should be the last option, but the RTOs / LTUs are wasting no time in taking punitive action to meet the revenue targets, he said.