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Business

February 21, 2012

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Tax evasion becomes national hobby: Khuhro

Tax evasion becomes national hobby: Khuhro

KARACHI: Nisar Ahmed Khuhro, Speaker, Sindh Assembly, has said that tax avoidance and evasion had become national hobby that resulted in low revenue collection.
‘A few people in the population of 200 million pay taxes,” he said at a meeting with members of the Karachi Chamber of Commerce and Industry (KCCI) on Monday. The low tax payment was due to the lack of ownership and this sense was developed after discontinuity in the political process in the past.
“For a long time Pakistan was under dictatorship, which has long lasting impact,” he said. He also linked the discontinuity of political process to other social ills. He urged the Karachi Chamber to forward proposals to the Sindh finance minister for broadening the tax base.
Referring to the Supreme Court of Pakistan decision where it held the political parties responsible for Karachi violence, he questioned why the Supreme Court not condoned dictatorship in the past.
About employment generation, he said that the government alone could not absorb the mounting unemployed people. He said that slow growth in the private sector is also behind the rising unemployment.
He, however, defended that the private sector had its issue due to energy crisis. Khuhro recommended alternative energy and installation of small dams for fast track power generation. To a question about Consumer Protection Bill, he said, the Law Department would be asked about the present status.
Earlier, Mian Abrar Ahmed, President, Karachi Chamber of Commerce and Industry , and Siraj Kassem Teli, leader of the business community, apprised the Sindh Assembly speaker about the issues being faced by the business community.

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